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Oil futures edged lower early Monday, with crude attempting to find its footing after dropping sharply last week on worries about the economic outlook.
Price action
Market history
Both Brent and WTI dropped more than 5% last week, ending a streak of four consecutive weekly gains as crude gave back a chunk of the gains scored earlier this month after Saudi Arabia and other OPEC+ countries announced production cuts of around 1.15 million barrels a day beginning in May and running through year-end. That was accompanied…
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