Oil prices edge lower after 7th straight weekly gain

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Oil prices edge lower after 7th straight weekly gain
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Oil futures consolidate after scoring another weekly gain.

Oil futures edged lower Monday, consolidating after scoring a seventh straight weekly gain on concerns about tightening crude supplies.

But... Oil futures edged lower Monday, consolidating after scoring a seventh straight weekly gain on concerns about tightening crude supplies. But concerns about demand from China are seen as potentially capping the potential for further upside, analysts said.

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