Global crude oil prices closed out their biggest week of losses in more than nine months, as investors sold futures in anticipation of weakened fuel demand worldwide due to a surge in COVID-19 cases.
So falling for the seventh straight day yesterday, Brent crude futures ended the week at 65.42 dollars a barrel, nearly its lowest since May; and it slumped about 7 percent for the week. US crude futures for September, closed the week at 62.62 dollars a barrel and it plunged almost 8 percent for the week.
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