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Did you know crude oil slide 6.9% last week
(MENAFN- ProactiveInvestors)
Crude-oil futures found no respite from selling pressure on Friday.
September futures closed at the lowest level since mid-March amid concerns about a global and domestic supply glut and worries about potentially weak demand from China.
West Texas Intermediate fell 1.8% to close at US$43.87 a barrel the lowest finish for a most-active contract since March 17.
For the week crude fell 6.9% the biggest weekly drop since mid-July.
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