Oil Prices Set for Second Consecutive Weekly Decline ...Middle East

OILPRICE - Economy
Oil Prices Set for Second Consecutive Weekly Decline
source : OILPRICE ( Middle East ) () 82
Crude oil prices looked set for their second consecutive weekly decline since the start of the year despite staging a partial recovery in anticipation of President Trump’s imposition of tariffs on the biggest crude suppliers to the U.S. this weekend. At the time of writing, Brent crude was trading at $77.48 per barrel with West Texas Intermediate at $73.39 per barrel, both up from opening in Asia. Even with two consecutive weekly losses, crude oil is set for a monthly gain, with Reuters estimating that at 3.6% for Brent crude—the highest…

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