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Oil prices on track for weekly drop

Oil futures are on track for weekly declines.

United statesApril brentNew york mercantile exchangeOrganization of the petroleum exporting countriesYork mercantile exchangeTexas intermediateNew york mercantilePetroleum exporting countriesArticle normalElectricity gas utilitiesFossil fuelsOil and gasCommodity marketsEnergy marketsDerivatives marketsCommodity financial market news

Fear alone is not enough to drive oil prices higher Here s why

Oil traders are adjusting to a ‘new normal’ when it comes to threats to production.

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Oil prices nudge higher after first monthly gain since September

Oil futures moved higher early Thursday after ending January with the first monthly gain since September, while traders kept an eye on U.S. production.

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