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SINGAPORE: Oil prices were little changed on Friday but headed for a second week of losses as supply fears driven by conflict in the Middle East, a key producing region, eased, while the demand outlook at the world's top crude importer China remains clouded.
Brent crude futures rise 29c amid supply fears on Middle East conflic
Despite continued fears that the Hamas-Israel conflict could involve more actors in the Middle East, oil prices were set early on Friday for their first weekly loss in three weeks amid concerns about the economy and oil demand
LONDON: Portfolio investors tiptoed back into the petroleum market last week, after three weeks of heavy selling, as...
Brent crude futures climbed 77 cents, or 0.8%, to $93.15 a barrel by 0042 GMT. U.S. West Texas Intermediate crude was at $90.36 a barrel, up 99 cents, or 1.1%. The front-month November contract expires on Friday.