Reuters: Oil at $52, recoups losses after ship collision

[chris]

Oil at $52, recoups losses after ship collision
      
   
      

LONDON (Reuters) - Oil hovered above a four-month high on Friday at $52 a barrel, recouping earlier losses as the market sought a new base above $50 and after news of a ship collision in the key Strait of Hormuz shipping lane.<div class="feedflare">
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