


| Oil pares gains on global malaise |
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Oil slipped as signs of stumbling recoveries in major economies from Europe to Asia threaten to delay a demand rebound. Futures in New York fell 1.3 percent on Friday, narrowing a weekly gain to just under 1 percent. Europe’s economy unexpectedly lost momentum this month, with the region battling to control a new spike in COVID-19 cases.
Posted: 2020-08-22 19:55:00
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