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U.S. crude posts biggest weekly loss in a year on weaker demand worries (NYSEARCA:USO)

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Oct. 18, 2024 7:10 PM ETUnited States Oil Fund, LP ETF (USO), XLEUCO, GFI, IAG, HMY, LEU, OIS, GPRE, DK, DBO, UUUU, DNN, PEGY, USL, UEC, SCO, BNO, LTBR, GEVO, NXE, GUSH, DRIP, LBRT, USOI, TALO, PLL, KLXE, INDO, CO1:COM, CL1:COM, UROY, BROG, ENVX, SMR, OKLO, NPWR, AUST, ACDC, ASPIBy: Carl Surran, SA News Editor

Crude oil futures finished with a loss Friday, with prices of the U.S. benchmark sliding below $70/bbl and marking its worst weekly performance in a year, as prospects of an Israeli strike on Iranian oil facilities diminished, reducing the risk

The post U.S. crude posts biggest weekly loss in a year on weaker demand worries (NYSEARCA:USO) appeared first on FeeOnlyNews.com.

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