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Oil Retreats from 8-week Highs

Oil Retreats from 8-week Highs

London-Oil prices dipped on Friday, edging back from eight-week highs, amid speculation that there would be a deal next month on a production freeze. Brent crude was down 24 cents, or 0.5 percent, to $50.67 per barrel by 1:33 p.m. EDT (1733 GMT). The session peak was...