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Oil prices steady, but head for weekly loss on oversupply worries - CNBC
CNBC | Oil prices steady, but head for weekly loss on oversupply worries CNBC Oil prices headed for a third weekly loss on Friday after Saudi Arabia warned of oversupply, while a slump in stock markets and concerns about trade clouded the outlook for fuel demand. "More of the same is expected in the near-term with sellers still ... Third consecutive weekly loss looks likely for oil Oil prices fall as oversupply looms amid global market woes Oil falls on oversupply worries despite Iran sanctions |
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