Home Market News Oil prices close lower today but climb higher for a third straight week

Oil prices close lower today but climb higher for a third straight week

by energy
oil pump

From Myra P. Saefong: Oil futures fell on Friday, with losses fed by worries over a slowdown in global energy demand, but prices climbed for a third straight week on expectations for tighter crude supplies. May West Texas Intermediate oil CLK9, -1.68% fell 94 cents, or 1.6%, to finish at $59.04 a barrel on the New York Mercantile Exchange. The contract still rose about 0.4% for the week, according to FactSet data.


Source link

Related Articles

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy