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CRUDE OIL consolidation on weekly lover levels waiting breakdown $62

CRUDE OIL was closed on Friday at weekly lower levels after testing the high level of $ 64.76 in the same weekly trading session as WTI crude oil futures slipped 1.4% on Friday to settle at $62.70 per barrel, marking a third straight session of losses as ample supplies and concerns about weakening demand outweighed hopes that the US Federal Reserve’s recent rate cut would boost consumption.