Oil prices rose on Friday but were still on track for a second consecutive weekl...
SINGAPORE - Oil prices rose on Friday but were still on track for a second consecutive weekly loss after sliding on fears that slower global economic growth would hurt energy demand.
But Brent was down 6% on the week while U.S. crude was 5.7%lower, on the biggest weekly losses since July. Weak U.S. services sector and jobs growth data on Thursday added to worries about global oil demand and exacerbated fears that a protracted U.S.-China trade war could push the global economy into a recession.“Given that U.S.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Oil edges higher but on track for big weekly lossOil futures edged higher on Friday but were on track for a large weekly loss on ...
Read more »
UK says will fly back 4,500 people on Friday after Thomas Cook failureBritain's Civil Aviation Authority (CAA) said it plans to fly 26 flights on...
Read more »
U.S. doctors rule out pneumonia due to inhaled oil as cause of vaping injuriesDoctors studying lung tissue from people with vaping-related injuries have ruled...
Read more »
Analysts cut estimates for Exxon's third-quarter profit on weaker oil pricesAnalysts on Wednesday trimmed their profit estimates for Exxon Mobil Corp after ...
Read more »