Crude Oil Heads for Weekly Decline

Oil and Gas Investing

Bloomberg reported that oil headed for the biggest weekly drop on concern that fuel demand will decline.

Bloomberg reported that oil headed for the biggest weekly drop on concern that fuel demand will decline.

As quoted in the market news:

Prices are down 2.6 percent this week, the most since the week ended Sept. 23. Futures are 7.6 percent higher this year after climbing 15 percent in 2010.

Click here to read the full Bloomberg report.

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