Search
Close this search box.

Oil Prices Edge Down on Concerns over Widening Middle East Conflict

Oil prices edged down in early Asian trading on Friday but were on track to gain more than 3% for the week as US jobs data calmed demand concerns and fears of a widening Middle East conflict persisted. Brent crude futures fell 9 cents, or 0.11%, to $79.07 a barrel. US West Texas Intermediate crude futures were down a cent at $76.09 per barrel. However, both Brent and WTI were set to gain more than 3% on a weekly basis. Source : Qatar News Agency