WTI falls as demand in U.S. may drop amid maintenance season

Source: Bloomberg
© Scanpix/RS
West Texas Intermediate oil declined on Friday falling for the second straight session and reducing its monthly gain on speculation that demand in the world's largest oil consumer, U.S., may slow down amid maintenance season. WTI for settlement in April slipped 53 cents to $101.87 per barrel on the NYMEX and was last seen at $102.21 by 1:23 p.m. in London.

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