Oil Futures Finish Lower After a Volatile Trading Session

By Myra P. Saefong Markets MarketWatch Pulse

Oil futures finished with a loss on Wednesday following a volatile trading session, pressured by data showing a third-straight weekly climb in U.S. crude inventories. Signs that major oil producers were sticking to their pledge to reduce crude output, however, kept price losses in check. March West Texas Intermediate crude fell 43 cents, or 0.8%, to settle at $52.75 a barrel.

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