Oil set to end week lower on demand concerns, easing supply woes

Oil prices remained stable during early Asian trading on Friday but were set to close the week lower due to revised U.S. employment data raising concerns about demand and ceasefire negotiations in Gaza reducing fears of supply interruptions.

As of 0033 GMT, Brent crude futures had fallen by one cent to $77.21 per barrel, while U.S. West Texas Intermediate (WTI) crude futures had risen by four cents to $73.05 per barrel.