Oil set for weekly loss amid concerns over OPEC’s increased supply – Yahoo Finance

Oil set for weekly loss amid concerns over OPEC’s increased supply – Yahoo Finance

(Bloomberg) – Oil heads for first consecutive weekly loss since April rout, as increasing signs of cheating within OPEC and precarious demand outlook undermine the momentum of summer price rebound . Futures in New York edged higher on Friday, although prices are still pegged for a nearly 6% drop this week. Traders are looking at […]

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