Friday, April 4, 2025
Oil set to end week lower on coronavirus resurgence fears- oil and gas 360

Oil set to end week lower on coronavirus resurgence fears

Reuters LONDON  – Oil prices edged higher on Friday but were on track for their first weekly fall in seven as new U.S. coronavirus cases spiked, raising the prospect of a second wave hitting demand. Brent LCOc1 was up 27 cents, or 0.7%, at $38.82 a barrel by 1204 GMT, having lost more than $1 earlier in the session. After