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Oil prices go down

Oil prices edged lower on Friday, dragged down by concerns that a spike in COVID-19 cases in the United States and Europe will continue to drag on demand in two of the world's biggest fuel-consuming regions.
 
OPEC+ countries fear a prolonged second wave of the pandemic and a jump in Libyan output could push the oil market into surplus next year.
 
Brent crude futures fell 24 cents to $42.92 a barrel and U.S. West Texas Intermediate crude futures fell 14 cents to $40.82 a barrel.


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