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Oil Updates — Crude edged down; Russian shelling causes oil leak in Ukrainian facility; Iran, Venezuela sign cooperation plan

RIYADH: Oil prices fell Friday after US consumer prices rose more than expected and China imposed new COVID-19 lockdown measures. Brent crude fell $1.06 to settle at $122.01 a barrel. US West Texas Intermediate crude fell 84 cents to settle at $120.67 a barrel. Both benchmarks still posted weekly gains, 1.9 percent for Brent and 1.5 percent for WTI.
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