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(Bloomberg) Oil headed for a third straight weekly drop on growing concerns over global demand and the unwinding of the war-risk premium, while Saudi Arabia blamed speculators for the decline. Most Read from BloombergRockstar Plans to Announce Much Anticipated ‘Grand Theft Auto VI’World’s Biggest Bank Forced to Trade Via USB Stick After HackNew ‘Call of Duty’ Draws Harsh Reviews After Rushed DevelopmentSaudis Find a Bottomless Money Pit in LucidWorld’s Largest Bank Hit By Ransomware Gang Link ....
Since 1988, the final rate hike in a tightening cycle has been followed by increases in the price of Brent crude three months later, JPMorgan said. ....