Oil prices edged lower on Friday, but were on track to end higher for a second straight week following a steep interest-rate cut by the US Federal Reserve and declining global stockpiles. Brent futures traded lower 26 cents, or 0.4%, to $73.62 a barrel, but gained 4.3% this week. US WTI crude futures were down 15 cents, or 0.2% at $71.80 a barrel, and registered weekly gains of 4.8%. The benchmarks have been recovering after they fell to near three year-lows on Sept. 10, and have registered gains in five of the seven sessions since then. Source: Qatar News Agency
You are here:
Home » Oil Heads for Weekly Gain after Fed Rate Cut
Oil Heads for Weekly Gain after Fed Rate Cut
POPULAR POSTS
Turkiye, UN Discuss Regional Developments
July 27, 2026
US President Cites Progress in Talks with Iran
July 27, 2026