Oil prices fell on Friday, with Brent slipping away from the $70 mark reached th...
TOKYO - Oil prices fell on Friday, with Brent slipping away from the $70 mark reached the previous day, pulled down by worries about progress in the U.S.-China trade talks.
U.S. West Texas Intermediate crude was down 1 cent at $62.09. The contract fell 36 cents in the previous session, having hit $62.99 on Wednesday, its highest since Nov 7.The United States and China, the world’s two biggest oil consumers, could be close to a deal to end their trade dispute though some hurdles remain.
Still, Brent is heading for a second week of gains, while WTI is on track for a fifth consecutive weekly rise. Consultancy Rystad Energy said ongoing OPEC-led supply cuts would support oil prices towards the second half of this year and into 2020.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Asian shares rise to new seven-month high, oil closes in on $70Asian shares rose to fresh seven-month highs on Wednesday as global investors to...
Lire la suite »
Brent approaches $70 as oil prices rise for fourth dayOil prices rose for a fourth day on Wednesday, with support from OPEC-led supply...
Lire la suite »
Oil prices fall, Brent drops away from $70Oil prices fell on Friday, with Brent slipping away from the $70 mark after brie...
Lire la suite »
Oil prices mixed, Brent edges up toward $70 levelOil prices were mixed on Thursday, with Brent edging higher toward the psycholog...
Lire la suite »
Oil nears $70, hovers near five-month highs on cuts and sanctionsOil prices steadied on Wednesday after Brent pushed towards a nearly five-month ...
Lire la suite »
Brent nears $70 as oil prices rise for fourth dayOil prices rose for a fourth day on Wednesday, pushing Brent toward a nearly fiv...
Lire la suite »
Brent falls below $69 on higher U.S. oil inventories, outputOil prices fell for a second day on Thursday, with Brent briefly edging below $6...
Lire la suite »
Iran says oil market supply/demand balance is fragileThe balance between supply and demand in the oil market is fragile, Iranian Oil ...
Lire la suite »
Oil set for biggest quarterly rise since 2009 amid OPEC cuts, sanctionsOil prices rose on Friday amid OPEC-led supply cuts and U.S. sanctions against I...
Lire la suite »
Banks Lift Oil Price Forecasts for 2019Banks raised their forecasts for the price of Brent crude, the global oil benchmark, in 2019, as the market continues to be supported by production cuts led by OPEC, as well as geopolitical risks to supply.
Lire la suite »