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Oil drops for third straight session on weak European economic data

Oil drops for third straight session on weak European economic data
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Oil prices fall as weak European economic data raises demand worries

Oil prices fall as weak European economic data raises demand worries
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Oil settles up but posts second consecutive weekly decline | Hellenic Shipping News Worldwide

Oil prices settled higher on Friday, but posted a second straight weekly loss, after a volatile trading week with no easy replacement for Russian barrels in a tight market. Brent crude futures settled up $1.29, or 1.2%, to $107.93 a barrel, a day after surging nearly 9% in the biggest daily percentage gain since mid-2020. .

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