Oil Holds Near Three-Month Low as Market Shows Signs of Weakness

-- Oil traded near lowest level in over three months as the market flashed signs of weakness ahead of the US summer driving season.Brent crude was little changed near $81 a barrel, while West Texas Intermediate held below $77. Both benchmarks are set for a weekly loss. The Memorial Day weekend is typically seen as the start of the peak driving period in the US and investors will be watching to gauge the demand outlook.

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