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U.S. oil down for 8th straight session as demand worries grow

October 3, 2019


Oil futures drifted lower Thursday, with the U.S. benchmark on track for its eighth straight daily decline as worries over global demand persist.

West Texas Intermediate crude for November delivery CLX19, -1.44% on the New York Mercantile Exchange were down 11 cents, or 0.2%, at $52.53 a barrel. Meanwhile, December Brent BRNZ19, -1.20%, the global crude benchmark, was off 16 cents, or 0.3%, at $57.53 a barrel, on track for its fifth straight daily drop.

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