BUSINESS, Commerce

Oil Prices Down By Two Percent

OilOil prices fell more than 2 percent on Friday, paring the previous session’s spike as the market discounted an unexpected slump in U.S. crude inventories as a storm glitch.

Still, the market is on course to gain almost five percent, its first weekly gain in three weeks.

U.S. crude was down $1.16 at $46.46 per barrel.

Barbara Greene, Readers Bureau, Fellow

Edited by Jesus Chan

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