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Oil on track for 3% weekly loss - MarketWatch
MarketWatch | Oil on track for 3% weekly loss MarketWatch Oil prices tried to rebound Friday on the heels of Thursday's near-5% drop, triggered by disappointment that OPEC didn't take more aggressive measures to cut production. For the week, prices were looking at a decline of almost 3% after posting gains ... The US shale business undercuts the biggest global alliance, leading oil analyst says OPEC ponders how to co-exist with US shale oil OPEC and Russia have failed to fix the epic oil glut |
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