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Home.forex news reportOil Poised for Weekly Loss on Oversupply Fears

Oil Poised for Weekly Loss on Oversupply Fears

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7 min ago
Oil Poised for Weekly Loss on Oversupply Fears
Oil prices were headed for a weekly loss of more than 2% as concerns about a looming supply surplus outweigh geopolitical risks.
In early trading, Brent crude and WTI both fell 0.2% to $59.69 a barrel and $55.90 a barrel, respectively. Crude…



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