Friday, 21 September 2018

Oil edges up on supply worries, but Trump's call for lower prices drags | Reuters

Oil edges up on supply worries, but Trump's call for lower prices drags | Reuters:

Oil futures inched up on Friday amid concerns over supply as U.S. sanctions on Iran’s crude exports loom, although calls by U.S. President Donald Trump for lower oil prices dragged.

International benchmark Brent crude for November delivery LCOc1 was up 26 cents, or 0.33 percent, at $78.96 a barrel by 0647 GMT.

U.S. West Texas Intermediate crude for October delivery CLc1 was up 7 cents, or 0.10 percent, at $70.39 a barrel.

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