Oil Set for Third Weekly Loss on Price-Cap Impasse, Demand Fears
Oil headed for a third weekly loss as the European Union weighed a higher-than-expected price cap on Russian crude and slowdown concerns threatened the demand outlook.
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### Instruction: Oil Set for Third Weekly Loss on Price-Cap Impasse, Demand Fears

### Response: Oil headed for a third weekly loss as the European Union weighed a higher-than-expected price cap on Russian crude and slowdown concerns threatened the demand outlook.