Oil fell for the third straight week as concerns about softening demand were exacerbated by low trading volumes.
West Texas Intermediate settled above $71 a barrel on Friday after trading in a $13 range this week amid renewed instability among regional US lenders and fears the economy is headed into a recession. The string of weekly declines is the longest this year.
Signs of strength in the physical oil market suggest the selloff — which included a brief, dramatic plunge to the lowest int ....
