Brent holds above $107

Oil price: Brent is on track to post its fourth straight week of gains

AFP/ADRIAN DENNIS

News Wires

 20 July 2012 06:32 GMT

Brent crude held above $107 on Friday, edging lower after a surge of 20% in four weeks prompted some selling as Israel signalled it would not rush into any open conflict over a deadly attack on its citizens, easing geopolitical worries.

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