Oil prices finish lower, down roughly 1% for the week
Oil prices finished lower on Friday to tally a loss of roughly 1% for the week. Recent data raised concerns that a likely rise in monthly U.S. production to its highest level on record will offset the Organization of the Petroleum Exporting Countries' efforts to ease global supplies. March West Texas Intermediate crude fell 35 cents, or 0.5%, to settle at $65.45 a barrel on the New York Mercantile Exchange.
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