Oil rises but remains on track for weekly loss
Brent crude oil futures rise as fears remain that slower global growth will hurt fuel demand
04 October 2019 - 08:22
Singapore — Oil futures were higher ahead of the weekend but remained on track for large weekly losses on fears that slower global economic growth will hurt fuel demand, even as Saudi Arabia said it has fully restored oil output after recent attacks.
Brent crude oil futures rose 28c, or 0.5%, to $57.99 a barrel by 4.50am GMT, while US West Texas Intermediate (WTI) crude futures rose 29c, or 0.6%, to $52.74...
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