Oil pares weekly loss as supply Concerns Offset Flight From Risk

Oil prices reduced a weekly loss as investors shifted their focus from the market upheaval caused by a dip in US equities to the looming shortages from Iran's dwindling exports.
Photo: Bloomberg
Photo: Bloomberg
BY HEESU LEE AND GRANT SMITH, BLOOMBERG

Oil pared a weekly loss as investor focus shifted from broader market turmoil spurred by a plunge in US equities to looming shortages from Iran's dwindling exports.

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