Futures Movers: Oil weakens, but U.S. prices continue to hold above $50 a barrel

By MarketWatch6 days ago

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Oil futures edge lower Thursday, but U.S. prices have held ground above the $50 mark for more than a week as traders eye the pace of Chinese imports, global demand forecasts and declines in U.S. crude inventories against a continued surge in COVID-19 cases.

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