Oil heads for weekly loss as growth fears trump supply tightness

Oil prices are set for a weekly decline following concerns over limited demand and indications of tight supply.
Photo: Jae C. Hong/AP/Ritzau Scanpix
Photo: Jae C. Hong/AP/Ritzau Scanpix
By Sharon Cho, bloomberg news

Oil is set for a weekly loss after choppy trading in which concerns over a demand-sapping slump clashed with signals of tight supply.

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