Reported about 5 hours ago
Oil prices are on track for a third consecutive weekly decline as concerns over President Trump's tariffs on China outweigh the impact of new US sanctions against Iran. Brent crude fell over 3% this week, trading above $74 a barrel, while West Texas Intermediate remained below $71. The ongoing trade war raises doubts about crude demand growth, compounded by signals of easing in physical markets and reduced crude prices in Europe amid maintenance activities.
Source: YAHOO