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Oil prices slipped on Friday and were heading for a second weekly fall, as tight supply was overshadowed by concern that rising interest rates could push the world economy into recession.
Oil prices edged higher amid a volatile trading session on Friday, as supply uncertainty outweighed fears of slower demand from cooling U.S. economic activity. Brent crude futures climbed 31 cents, or ...
Oil was down on Friday morning in Asia as fears of slower demand from slowing U.S. economic growth and supply concerns weighed on the market. Brent oil futures inched down 0.09% to $109.94 by 12:46 AM ...
SINGAPORE (Reuters) -Oil prices traded sideways on Friday after briefly rising nearly $1 per barrel, as the market balanced fears of slower demand from cooling U.S. economic activity with supply ...
Brent crude futures rose 39 cents, or 0.4%, to $110.44 a barrel at 0012 GMT, while US West Texas Intermediate (WTI) crude futures rose 37 cents, or 0.4%, to $104.31 a barrel.