NEW YORK: Oil rose for the fifth straight week with the global energy crunch set to boost demand for crude as stockpiles decline from the United States to China. Futures in New York gained 2.8% last week. The global benchmark Brent settled at the highest in nearly three for the second day in a row.... Global onshore crude supplies sank by almost 21 million barrels last week, led by China, according to data analytics firm Kayrros, while US inventories are near a three-year low. The surge in natu

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