Oil slips to a weekly decline on mideast supplies concerns

Note: This section contains information in English only.
Source: Bloomberg
Crude oil futures for December settlement were 5 cents higher to $85.50 a barrel and contract for January gained 6 cents to $85.93 in London morning trading session, but front month future lost 87 cents yesterday, bringing to 0.7% weekly loss. Oil set four weekly price decline in the last five, as markets trade on signs that U.S. economy is slowing and concerns that increasing tension in the Middle East might disrupt supplies.

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