Oil slips on demand concerns but posts weekly rise

US oil rigs fell to their lowest since July 2005

Oil price: Brent crude fell 1.5% to settle at $44.40 a barrel — Oil price: Brent crude fell 1.5% to settle at $44.40 a barrelPhoto: REUTERS/SCANPIX

Reuters

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Published 7 August 2020, 19:49Updated 7 August 2020, 19:49