Oil Futures Suffer First Weekly Loss In Six

By Myra P. SaefongMarketWatch Pulse

Oil futures settled lower Thursday as a bigger-than-expected climb in U.S. crude inventories and recent strength in the U.S. dollar helped prices tally their first weekly loss in six weeks. May WTI crude settled at $39.46 a barrel on the New York Mercantile Exchange, down 33 cents, or 0.8%, for the session. Prices declined roughly 4.1% for the week, according to FactSet data.

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