Oil prices retreat from multi-week highs

Oil fell Thursday as worries about growth in U.S. crude production offset support from risks to global supplies from Middle East tensions, pulling prices away from their highest level in weeks. November West Texas Intermediate crude fell 75 cents, or 1.4%, to settle at $51.29 a barrel on the New York Mercantile Exchange, marking the contract’s first decline in five sessions.

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From:: Stock Market News

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