Oil Posts Second Weekly Decline as Demand Concerns Overshadow Saudi Cut

Summary WTI futures fall 2% on weekly basis, Brent falls 1.6% China factory gate prices drop at quickest pace in 7 yrs Focus shifts to US Fed policy, could set up Saudi’s next steps BENGALURU, June 9 (Reuters) – Oil prices fell more than a dollar a barrel on Friday to record a second straight … Read more

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