


| Oil ends lower for second week as stockpiles rise, demand weakens |
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Both Brent and U.S. crude lost about 6% on the week after a series of signals that showed markets still have an abundance of supply. Saudi Arabia and Kuwait cut official selling prices to Asia, U.S. stockpiles rose and traders are booking vessels for storage. Brent ended the session down 23 cents, or 0.
Posted: 2020-09-11 22:15:00
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