Reported about 5 hours ago
Oil prices steadied following a third consecutive weekly decline as traders assessed easing trade tensions between the US and China. Brent crude remained around $61 per barrel while West Texas Intermediate stayed above $57. With upcoming trade discussions, optimism from President Trump regarding potential deals is noted, even as oil futures face potential monthly losses due to predicted surplus. Market indicators suggest mixed signals, with some showing bullish trends while others indicate bearish conditions.
Source: YAHOO