Oil set to end week lower on coronavirus resurgence fears

Oil set to end week lower on coronavirus resurgence fears
WESPECH PTE LTD
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16.06.2020

MOSCOW (MRC) -- Oil prices edged higherВ last Friday but were on track for their first weekly fall as new US coronavirus cases spiked, raising the prospect of a second wave hitting demand, reported Reuters.Brent was up 27 cents, or 0.7%, at USD38.82 a barrel by 1204 GMT, having lost more than USD1 earlier in the session.After falling more than 5% on Friday, West Texas Intermediate was up

Full article at mrcplast.com

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