Crude clung to losses amid a combination of weak economic data and signals that a recovery in consumption may be slowing. Futures posted a 0.4% decline in New York on Friday. Although strength in U.S. equities pushed oil up from the lows of the session, futures were unable to rally amid a flurry of disappointing data points. In the U.S., consumer sentiment posted a surprise drop and Covid-19 cases in the country passed the 3.6 million mark. Meanwhile in India, road fuel sales fell in the first half of July as virus lockdowns occurred in several cities, and the Chinese city of Urumqi locked down some areas amid fears of another outbreak in the country. Brent futures posted their first weekly decline in a month, falling […]