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Oil posts worst weekly loss since April 2020 as bank chaos slams sentiment

Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

SlavkoSereda/iStock via Getty Images

Crude oil closed with the worst weekly loss in nearly three years, as the failure of Silicon Valley Bank and troubles at Credit Suisse chased nervous investors out of risky assets.

Front-month Nymex crude (

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