Oil eases Friday but still set for 6%+ weekly gain; Hormuz visible traffic remains thin (Energy / Markets)

Generaldesk view

Oil eases Friday but still set for 6%+ weekly gain; Hormuz visible traffic remains thin (Energy / Markets)

Brent crude futures traded near $95.3 a barrel and WTI near $90.8 on Friday, down on the day but still up roughly 6% and more than 8% for the week. Average U.S.…

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Financedesk view

Crude on track for a strong week as Middle East premium holds; Korean refiners spike (energy)

Friday, Brent traded near $95/bbl and WTI near $90–$91, easing a touch intraday but still headed for a large weekly gain (reports of roughly +6.5% for Brent and…

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