Oil prices fell on Friday, erasing more of the gains realized after the Sept. 14...
SINGAPORE - Oil prices fell on Friday, erasing more of the gains realized after the Sept. 14 attacks on Saudi Arabian oil facilities, as the rapid return of production capacity from the world’s top exporter squashed risk premiums.
WTI futures were down 3% so far for the week, marking the largest weekly loss in 10 weeks, while Brent was down 2.9% on the week, its largest weekly loss in seven.
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