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Oil prices are on course for a seventh weekly loss in a row as concerns about weaker demand countered the effect of the latest OPEC+ production cut agreement. ....
The Organization of the Petroleum Exporting Countries (OPEC), Russia, and other allies agreed last week to new voluntary cuts of about 2.2 million bpd ....
Oil prices were climbing early on Friday morning but bearish sentiment continues to dominate markets as WTI and Brent head for another weekly loss. ....
Brent crude futures were up USD 1.46 or 2 per cent at USD 75.51 a barrel at 14:31 GMT, while US West Texas Intermediate crude futures were up USD 1.33 or 1.9 per cent to USD 70.67 a barrel, , OPEC+, crude prices ....