NEW DELHI, 19 October (H.S.) :Oil futures fell on Friday, declining more than 7 percent on the week after data showed China's economic growth slowed and investors digested a mixed Middle East outlook.

Brent crude futures fell 1.8 percent to 73 Dollars and 06 Cents per barrel. U.S. West Texas Intermediate crude down by more than Two percent and settled at 69 Dollars and 22 cents a barrel.

Brent settled more than 7 percent lower this week, while WTI lost around 8 percent, marking their biggest weekly declines since Sept. 2, when OPEC and the International Energy Agency cut their forecasts for global oil demand in 2024 and 2025.

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Hindusthan Samachar / Nimish kumar