Sensex Today | Stock Market LIVE Updates: Oil steadies, heads for weekly drop on U.S. economy worries
Oil prices saw a slight increase early on Friday due to expectations of OPEC+ maintaining output cuts. However, concerns over U.S. economic uncertainty and minimal crude supply disruptions from the Israel-Hamas conflict led to weekly losses in crude benchmarks.
Brent crude futures for July climbed by 16 cents to reach $83.83 per barrel as of 0008 GMT, while U.S. West Texas Intermediate crude for June rose by 19 cents to $79.14 per barrel.
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