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Market whipsawed by Thursday’s 3% drop after hitting four-year highs
Oil prices ended a volatile week little changed Friday as investors tried to decide whether Thursday’s price plunge was the start of a downward trend or a brief pause before prices race back to four-year highs.
Light, sweet crude for November delivery ended higher by one cent, or 0.01%, at $74.34 a barrel on the New York Mercantile Exchange. Brent crude, the global benchmark, was 0.5% lower at $84.16 a barrel.