Oil prices dipped slightly during early Asian trading on Friday. However, market benchmarks are poised for a second straight weekly gain, thanks to positive U.S. economic data that has alleviated concerns about a possible recession in the leading oil-consuming country.
Brent crude futures decreased by 16 cents, or 0.2%, to $80.88 per barrel at 0024 GMT. U.S. West Texas Intermediate crude futures fell 23 cents, or 0.3%, to $77.93 a barrel.
Brent crude futures decreased by 16 cents, or 0.2%, to $80.88 per barrel at 0024 GMT. U.S. West Texas Intermediate crude futures fell 23 cents, or 0.3%, to $77.93 a barrel.
Comments
Post a Comment