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Futures Movers: U.S. oil benchmark ends lower, taking a break from its rally to 7-year highs

Oil futures finished lower on Thursday, with U.S. benchmark crude posting its first loss in six sessions, as analysts cited profit-taking for the pullback in prices from multiyear highs.

“While some projections are as bullish as $100, current price levels already start feeling high for traders, who always have an itch to reap profits from the rising prices,” said Louise Dickson, senior oil markets analyst at Rystad Energy, in a note.

“Traders…

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