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Oil steadies near $94 but heads for steepest weekly loss since April on Iran deal hopes
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Oil steadies near $94 but heads for steepest weekly loss since April on Iran deal hopes

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Oil prices stabilized on Friday but remained on track for their sharpest weekly decline since early April, as investors weighed reports of a tentative ceasefire extension between the U.S. and Iran against a backdrop of lingering political hurdles.