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Oil prices down

 

Oil prices experienced their greatest fall on Friday one week after the first U.S. crude build in six weeks reported by the government.

This corresponded with the lack of fuel demand amid the coronavirus pandemic.

West Texas Intermediate settled down 86 cents at $52.27 per barrel.

It was U.S. crude's sharpest one-day slide since last Friday when it fell 2.2%.

For the week itself, the U.S. crude contract lost about 0.2%.

Brent crude settled down 78 cents at $56.10 a barrel.


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