Oil holds steady as Opec targets output increase
Brent crude futures decline as analysts expect oil inventories to continue to fall on higher demand
09 April 2021 - 08:51
Singapore — Oil prices were little changed on Friday as investors weighed rising supplies from major producers and the impact on fuel demand from the Covid-19 pandemic.
Brent crude futures for June edged down 2c to $63.18 a barrel by 4.50am GMT, while US West Texas Intermediate (WTI) crude for May was at $59.70 a barrel, up 10c, or 0.2%...
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