Oil in bear market as supply rises, demand outlook weakens
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SINGAPORE (Reuters) - Oil markets stabilised on Friday but remained weak as rising supply and concerns of an economic slowdown pressured prices, with U.S. crude down by around 20 percent since early October.U.S. West Texas Intermediate (WTI) crude oil futures were at $65.73 per barrel at 0629 GMT, 6 cents above their last settlement. WTI is set for a fifth weekly fall, down 4 percent so far this week. Front-month Brent crude oil futures were at $70.84 a barrel, 19 cents above their last close...