Brent crude on course for fourth consecutive weekly loss

Brent crude on course for fourth consecutive weekly loss

The FTSE 100 advanced a further 0.812pc at 7,172.46 while US stock futures indicated wall Street would open higher on hopes of a trade pact between the US and China.

Centrica was down 1.09pc on a strong UK index, supported by large gains across the mining industry.

Brent crude edged 0.19pc higher to $73.03, continuing its course for a fourth consecutive week of losses.

Sterling was on course for its second-best week of 2018 after it edged a further 0.3pc to $1.3037 against the dollar following optimism for a Brexit deal and signals that the Bank of England would increase interest rates in the event of a smooth exit from the EU.

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