Key Points
LONDON (Reuters) -Oil prices rose over $1 on Friday as U.S. Secretary of State Antony Blinken prepared to visit the Middle East in an attempt to contain flaring regional tensions as the Israel-Hamas conflict rages...
Both benchmarks are on track to end the first week of the year higher, having almost recouped their losses from Thursday triggered by hefty increases in U.S. gasoline and distillate stocks...
As the threat of the conflict expanding persists, Blinken was set to travel to the Middle East for a week of diplomacy, the State Department said...
Still, official data on Friday showing U.S. employers hired more workers than expected in December and raised wages, potentially dampening expectations of the Fed promptly cutting interest rates...
(Reporting by Robert Harvey and Noah Browning in London and Sudarshan Varadhan in Singapore; editing by Barbara Lewis, Jason Neely and Tomasz Janowski)..
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