June 5, 2016 archive

WTI, Brent Crude Retreat on Friday

Oil futures fell on Friday after marking three weeks of gains, according to Bloomberg MarketWatch. July West Texas Intermediate crude slid 55 cents, or 1.1%, to end trade on the New York Mercantile Exchange at $48.62 a barrel. August Brent crude, the global benchmark, tumbled 40 cents, or 0.8%, settling at $49.64 a barrel on …

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