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Oil Poised for Weekly Loss on Oversupply Fears
Oil Poised for Weekly Loss on Oversupply Fears
In early trading, Brent crude and WTI both fell 0.2% to $59.69 a barrel and $55.90 a barrel, respectively. Crude has fallen 20% this year on prospects of an impending global supply glut and subdued demand.
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Oil Poised for Weekly Loss on Oversupply Fears
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