Oil edges higher after 4th straight weekly decline

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Oil edges higher after 4th straight weekly decline
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Oil futures trade higher early Monday, attempting a bounce after a fourth straight weekly fall for WTI and Brent crude.

Oil futures pushed higher early Monday, attempting a bounce after a fourth straight weekly fall driven by worries over the economic outlook.

Price historyMarket drivers WTI... Oil futures pushed higher early Monday, attempting a bounce after a fourth straight weekly fall driven by worries over the economic outlook. Price history Market drivers WTI fell 1.8% last week, while Brent dropped 1.5% to mark a fourth consecutive weekly loss for both benchmarks.

“I remain optimistic because I’m a congenital optimist,” Biden told reporters Sunday in Rehoboth Beach, Del. “But I really think there’s a desire on their part as well as ours to reach an agreement. I think we’ll be able to do it.”

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