Oil approaches longest weekly loss in 13 years

Note: This section contains information in English only.
Source: Bloomberg
The price of crude oil declined for a second straight day sending the value closer to longest weekly loss since 1999. The drop was boosted by speculations that slowdown in world's biggest economies US and China may hurt demand for fuel. July Brent oil fell 1.5% or USD 1.49 to USD 98.44 per barrel. July crude lost USD 2.23 to USD 82.59 a barrel. Oil has given up 13% in 2012. 

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