Oil stable as Iran sanctions loom, but trade wars weigh
Oil markets held steady on Friday, supported by looming U.S. sanctions against Iran's oil exports and falling Venezuelan output, but held back by concerns the trade war between the United States and China could intensify.
International Brent crude oil futures LCOc1 were at $77.77 per barrel at 0505 GMT, unchanged from their last close.
U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 7 cents at $70.32 a barrel.
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Oil markets held steady on Friday, supported by looming U.S. sanctions against Iran's oil exports and falling Venezuelan output, but held back by concerns the trade war between the United States and China could intensify.
International Brent crude oil futures LCOc1 were at $77.77 per barrel at 0505 GMT, unchanged from their last close.
U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 7 cents at $70.32 a barrel.
For More Information Contact Us-9719026661
www.RoyalTraders.co
Best Accuracy For Royal Traders
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