Oil Stabilizes After Volatile Week ...Middle East

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Oil Stabilizes After Volatile Week
Oil prices are on course for the largest weekly drop since March, although prices began to bounce back on Friday morning as optimism slowly returned to markets.For more great energy content, make sure you subscribe to the Oilprice youtube channel for breaking news and analysis.Friday, May 21st, 2021Oil is heading for the biggest weekly drop since March, following three consecutive days of huge losses. Still, oil recouped some losses on Friday, edging up after getting sucked down with a broader selloff in commodities. IEA says no new fossil…

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