Marginal recovery in oil prices

New York's main contract, WTI crude for April, inched up to US$93.1, while, in London, Brent North Sea crude for April delivery rose to US$114.10 a barrel, at the end of the previous week. A marginal recovery was seen in oil prices on Friday, after two days of losses triggered by concerns that prices had outrun weak growth in demand. New York prices fell by over US$4.50 a barrel over the past two days.
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