Oil selloff resumes; set for steepest weekly fall since 2008
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NEW YORK (Reuters) - U.S. crude fell on Friday and was on track for its biggest weekly decline since 2008 as global demand dried up due to the coronavirus and as Washington scrambled to respond, with officials saying an envoy would head to Saudi Arabia to deal with fallout of a Saudi-Russia oil price war.Oil futures pared losses after a report from the Wall Street Journal that Texas oil industry regulators were set to open a dialogue with the Organization of the Petroleum Exporting Countries...