Oil Futures Lose 0.6% For The Week

By Myra P. SaefongMarketWatch Pulse

Oil futures fell on Friday to tally a 0.6% loss for the week. Traders bet on a further rise in Saudi crude output and watched the Greek debt drama and negotiations over Iran's nuclear program. July crude lost 84 cents, or 1.4%, for the session to settle at $59.61 a barrel on the New York Mercantile Exchange.

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