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Oil falls on Friday; levels up 7.6% in week   

Oil falls on Friday; levels up 7.6% in week   

Mubasher: Oil futures settled lower on Friday, breaking nine successive positive sessions, rising for the week.

February NYMEX WTI went down $1, or 1.9%, to close at $51.59 per barrel, growing 7.6% in a week.

The oil has seen a positive week due to cuts in US inventories, along with progress made in US-China trade talks.