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Oil prices rose on Friday as concerns that a Russian ban on fuel exports could tighten global supply outweighed fears that further US interest rate hikes could dent demand, but they were still headed for their first weekly loss in four weeks. Brent futures climbed 50 cents, or 0.5%, to $93.80 a barrel by 0350 GMT, while US West Texas Intermediate crude (WTI) futures gained 63 cents, or 0.7%, to $90.26 a barrel, said Reuters.

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