Brent Crude Rises, Paring Biggest Weekly Decline Since December
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Brent crude advanced, paring a second weekly decline, after German business confidence rose more than economists forecast to a 10-month high.
Futures gained as much as 1.1 percent in London as the Munich-based Ifo institute’s business climate index climbed for a fourth month, adding to signs that Europe’s largest economy is gathering strength. West Texas Intermediate may fall next week as slowing demand boosts inventories, according to Bloomberg News survey.