Oil edges down as investors weigh possible US sanctions on 'shadow fleet'
BEIJING: Oil prices edged down on Friday morning as investors weighed Middle East risks and possible US steps to ease restrictions on the world’s “shadow fleet” of tankers. Brent crude futures fell 41 cents, or 0.39%, to $105.51 a barrel by 0012 GMT, while...
BEIJING/SINGAPORE: Oil prices eased on Friday but were heading for weekly gains on uncertainty over Middle East supplies and a larger-than-expected draw from crude stockpiles in the United States. Houthis claim attack targeting Riyadh airport with ballistic missile Brent crude futures fell 50 cents, or 0.47%, to $105.42 a barrel by 0623 GMT, while US West Texas Intermediate crude futures were down 49 cents, or 0.50%...