Oil heads for weekly loss as slowdown worries outweigh supply cuts
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LONDON (Reuters) - Oil markets inched down on Friday and were heading for a weekly loss, pulled down by worries about a global economic slowdown, although OPEC-led supply cuts and U.S. sanctions against Venezuela provided crude with some support. Weighing on financial markets were concerns that a trade dispute between the United States and China would remain unresolved, denting global economic prospects. International Brent crude futures were down 14 cents at $61.49 per barrel at 0855 GMT. On..