Reported 13 days ago
Oil prices declined on Friday, heading for a weekly loss as uncertainty over global energy supplies increased with the announcement of a summit between U.S. President Donald Trump and Russian President Vladimir Putin to discuss the war in Ukraine. Brent crude futures fell to $60.68 a barrel, while U.S. West Texas Intermediate dropped to $57.07, both down over 3% this week amid concerns over a growing supply glut in 2026 and rising U.S. crude inventories.
Source: YAHOO