U.S. oil futures mark first loss in 5 sessions, but supply data is ‘far from recessionary’

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Oil futures ended mixed on Wednesday, with U.S. global benchmark crude up modestly and U.S. prices posting a slight decline after four consecutive session gains.

Prices this week had found support from expectations of tighter supplies on the heels of an OPEC+ decision over the weekend to cut oil production.

On Wednesday, weak U.S. economic…

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