Oil steady but set for 2019's biggest weekly loss - Reuters

Oil steady but set for 2019's biggest weekly loss - Reuters:

Oil prices were steady on Friday ahead of long U.S. and UK holiday weekends, but were on track for its biggest weekly drop of the year, pressured by rising inventories and concern over an economic slowdown. 

Brent crude rose 12 cents to $67.88 a barrel by 11:57 a.m. ET (1557 GMT) but the global benchmark remained on course for a weekly decline of about 6%.

U.S. West Texas Intermediate crude was unchanged at$57.91 a barrel. The benchmark was on track for a weekly drop of nearly 8%, the biggest weekly decline since December.