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Crude Oil Pressured on Supply Concerns. FOMC Meeting in Focus

Crude oil prices fell on Friday following a very pessimistic report by Goldman Sachs. This has overshadowed the rather upbeat estimates by the Paris-based IEA. Crude had shown range-trading over the week but the front-month contract ended the week around 3% lower.

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Crude Oil Pressured on Supply Concerns. FOMC Meeting in Focus

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