Oil prices settle mixed, snapping 3-day winning streak
By Trend
Oil prices ended mixed on Friday as traders assessed risks on the supply and the demand sides, Trend reports citing Xinhua.
The West Texas Intermediate (WTI) for June delivery lost 67 cents, or 0.6 percent, to settle at 104.69 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for June delivery increased 1.75 dollars, or 1.6 percent, to close at 109.34 dollars a barrel on the London ICE Futures Exchange.
The above market reactions came after a three-day winning streak for oil futures, which saw the U.S. crude standard and Brent rise 3.3 percent and 2.2 percent, respectively, on Thursday.
---
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!