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Markets

Brent crude futures rise by $1 to $112.11/bbl

Published Updated

oilLONDON: Brent crude oil futures rose by $1 to $112.11 a barrel on Friday on bets that China may loosen credit as inflation cools, boosting fuel demand in the world's second largest oil consumer.

By 0811 GMT, prices were up 96 cents at $112.07 a barrel.

Copyright Reuters, 2011

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