Oil prices are on pace for a weekly gain as U.S. economic growth and stimulus in China raise hopes for more robust crude demand this year.

The West Texas Intermediate contract for March fell 90 cents, or 1.16%, to trade at $76.46 a barrel Friday morning, while the Brent contract for March dropped 71 cents, or 0.86%, to trade at $81.75 a barrel.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.