Oil prices rise 2 percent on signs of further Saudi tightening
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NEW YORK (Reuters) - Oil prices climbed more than 2 percent on Friday after an outage at Saudi Arabia's offshore oilfield boosted investor expectations for tightening supply. The international Brent crude benchmark rose $1.51, or 2.3 percent, to $66.08 a barrel, the highest since November 2018, by 12:34 p.m. EST (1734 GMT). U.S. West Texas Intermediate crude futures were up $1.18 at $55.59 a barrel, or 2.2 percent.The two benchmarks were on track for weekly gains of about 6 percent. The partial..