Prices for U.S. benchmark crude finished with a loss on Friday, to suffer their largest one-week decline in more than a month. Concerns about growing U.S. crude production, along with expectations for a rise in domestic output to a record annual level, pressured prices despite data earlier this week that revealed U.S. crude supplies fell for a ninth week in a row. February West Texas Intermediate crude lost 58 cents, or 0.9%, to settle at $63.37 a barrel on the New York Mercantile Exchange. It fell about 1.5% for the week. The February contract expires at Monday’s settlement.
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