Oil Up, Gains Fueled by Better-Than-Expected US and Chinese Economic Data By Investing.com – Investing.com

Oil Up, Gains Fueled by Better-Than-Expected US and Chinese Economic Data By Investing.com – Investing.com

By Gina Lee

Investing.com – Oil was up Friday morning in Asia, set for its second consecutive weekly advance thanks to a broad rally in commodities as well as positive economic data from the U.S. and China brightening the fuel demand outlook.

were up 0.73% to $68.59 by 13:45 PM ET (5:45 AM GMT) and gained 0.74% to $65.19.