Oil Prices Ease but Head for Weekly Gains on Supply Risks
Oil prices eased on Friday but headed for weekly gains due to Middle East supply uncertainty and a larger US crude stockpile draw. Brent fell 0.47 percent while WTI dropped 0.50 percent, though both benchmarks remained higher for the week.
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Brent Crude Oil fell 50 cents, or 0.47%, to $105.42 a barrel during Friday morning trade, while West Texas Oil dropped 49 cents, or 0.50%, to $97.48.
