Oil Futures Settle At a More Than Two Week Low

By Myra P. SaefongMarketWatch Pulse

Oil futures settled at a more than two week low on Friday, pressured by growing doubts that major crude producers will agree on a plan to freeze output. May WTI crude settled at $36.79 a barrel on the New York Mercantile Exchange, down $1.55, or 4%. Prices, which settled at their lowest level since March 15, lost 6.8% for the week, according to FactSet.

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