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Oil futures settled higher on Friday, but the U.S. oil benchmark still suffered a loss of more than 4% for the week. “This week’s volatility dances around the confusion on what to make of the Russian oil exports,” said Manish Raj, chief financial officer at Velandera Energy Partners, who noted that all eyes are on Russia oil export volumes for April and May booking, which so far have “yielded few buyers.
...read full article on Market Watch
