Friday 7 September 2018

Oil steady as U.S. crude inventories fall, but trade tensions weigh | Reuters

Oil steady as U.S. crude inventories fall, but trade tensions weigh | Reuters:

Oil prices held steady on Friday as a fall in U.S. crude inventories to the lowest levels since 2015 supported the market, although Sino-U.S. trade tensions and economic weakness from emerging markets remained a concern.

U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $67.93 per barrel at 0654 GMT, up 16 cent from their last settlement.

International Brent crude futures LCOc1 were up 8 cents at $76.58 a barrel.

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