Oil Ends Lower For The First Time In Four Sessions

By Myra P. SaefongMarketWatch Pulse

Oil futures settled with a loss on Thursday, with prices failing to finish above the key $35-a-barrel level as traders weighed the likelihood of an agreement this week among major producers to stabilize output. April West Texas Intermediate crude fell 9 cents, or 0.3%, to settle at $34.57 a barrel on the New York Mercantile Exchange. Prices had posted gains in each of the last three trading sessions, settling Wednesday at a two-month high.

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