Brent Above $109 On Chinese PMI
November 01, 2013 at 07:18 AM EDT
Brent crude oil was poised to post its largest weekly gain in two months as positive Chinese data and disruptions in Libya buoyed the commodity's prices. Brent traded at $109.12 at 5:13 GMT on Friday morning. China's PMI data showed that the nation's manufacturing sector had expanded at its fastest rate