Oil Prices Climb But Remain On Track For Significant Weekly Loss ...Middle East

Economy by : (OILPRICE) -
Friday morning trading in Asia saw oil prices in the green with a slight rise of less than a percentage point, and not enough to keep crude from its third consecutive week of closing at a loss as the U.S. economy drags markets down and demand from China remains elusive. Friday morning Brent crude prices at 4:31 a.m. GMT were up 0.88%, for a gain of 64 cents, at $73.14 per barrel. West Texas Intermediate (WTI) was up 0.86%, for a gain of 59 cents, at $69.15 per barrel. The first four days of the week saw Brent on a major losing streak of 8.5%, while…

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