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Oil prices fell on Friday, snapping multiday winning streaks for Brent crude and West Texas Intermediate.
A winning streak, in commodity futures, means a contract closed at a higher price than the prior session on consecutive trading days.
Both benchmarks still posted sharp weekly gains, with rising tensions in the Middle East driving the advance. The short version: one losing session at the end of the week did not undo what built before it.
Brent and WTI, the two reference prices that anchor global crude markets, both finished the five-day period with sharp gains despite Friday's pullback.
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