Financial Blog - News - HD

Oil futures fell Friday to end the week lower for the first time in seven weeks, according to FactSet data. A resurgence of COVID-19 cases fed concerns over the outlook for the global economy and energy demand. July West Texas Intermediate oil CLN20, +0.05% fell 8 cents, or 0.2%, to settle at $36.26 a barrel on the New York Mercantile Exchange. For the week, the front-month contract lost 8.3%, according to FactSet data.

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