Bloomberg | Oil Set for Weekly Gain on Rebalancing Signs From US to China Bloomberg “Crude oil is starting the day watching the strong import data from China, and ending the day listening to Trump's announcement of his new strategy towards Iran,” said Olivier Jakob, managing director of consultants Petromatrix GmbH in Zug, Switzerland. Oil rises on tighter US market, strong China imports Australian oil stocks recover as crude price turns Oil cuts losses by the finish as US crude supplies fall a third week |