Oil prices slated for 4th weekly fall amid demand concerns




Oil prices remained steady on Friday but were on track for a fourth consecutive weekly decline, as weak global fuel demand overshadowed concerns about potential supply disruptions in the Middle East. Brent crude futures were up 18 cents, or 0.2%, at $79.70 per barrel, while U.S. West Texas Intermediate crude futures increased by 16 cents, or 0.2%, to $76.47.

Comments