Oil Prices Head for a Weekly Loss Despite Escalating Iran Tensions | HappeningNow.news

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Oil Prices Head for a Weekly Loss Despite Escalating Iran Tensions

What I Cover Irina Slav has been writing about global energy markets since 2007, covering the oil and gas industry, energy security, commodities, and the… Crude oil prices were on course to book another weekly loss despite no sign of any…

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Crude oil prices are set to record another weekly decline even as tensions between Iran and the United States persist without any movement toward peace. At the time of reporting, Brent crude was priced at $89.17 per barrel and West Texas Intermediate at $83.19 per barrel.

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