Oil rises as China factory activity expansion lifts demand hopes
BOE Report Oil prices climbed in early Asian trade on Friday as sentiment was boosted by an expansion in factory activity in China, the world’s second-largest crude consumer, and as concerns grew about Middle Eastern supply. U.S. West Texas Intermediate (WTI) crude rose 51 cents, or 0.69%, to $74.82, having gained about 8% this week. Brent futures, which have risen