Crude prices bounced back on Friday from two-month lows hit in the previous session, but benchmark Brent was in line for its largest weekly decline since January as bearish economic indicators weighed on oil. Prices have gyrated as a glut of refined products and slowing economic growth contrasted with the risk of supply disruptions and expectations that the world’s overhang of crude would soon begin to recede. Brent crude futures LCOc1 were trading at $46.58 per barrel at 0933 GMT, up 18 cents from their last settlement. U.S. crude CLc1 was up 17 cents at $45.31 a barrel. Still, Brent and U.S. crude were heading for weekly losses of more than 7 percent, the deepest such declines since January and February, respectively. “It could well be that a down cycle on oil’s own fundamentals is now starting,” […]