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WTI falls to near $61.00, weekly gains capped by global oversupply concerns

Summary by FXStreet
West Texas Intermediate (WTI) Oil price continues its losing streak for the third successive session, trading around 61.10 per barrel during the early European hours on Friday.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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WTI falls to near $61.00, weekly gains capped by global oversupply concerns

West Texas Intermediate (WTI) Oil price continues its losing streak for the third successive session, trading around 61.10 per barrel during the early European hours on Friday.

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FXStreet broke the news in on Friday, May 16, 2025.
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