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Find all the economic and financial information on our Orishas Direct application to download on Play StoreDue to drastic tariff decisions made in the United States and as the market prepared for a possible increase in OPEC+ production, oil prices were on track to end the week down by more than 1% on Friday.
Brent crude futures fell by 26 cents, or 0.41%, to $63.89 per barrel at 01:04 GMT. American West Texas Intermediate crude fell 27 cents, or 0.44%, to $60.67 per barrel. The July Brent futures contract is set to expire on Friday. The lockdown caused oil prices to fall by more than 1% on Thursday as traders assessed the effects. Analysts predicted that uncertainty would continue as the tariff battles progressed through the
courts.
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