Oil nudged lower on concerns over rising COVID-19 cases
Oil nudged lower on concerns over rising COVID-19 cases
International benchmarks for crude oil inched slightly lower on Friday, 16 April 2021 on the concerns over the rising COVID-19 cases across the globe, though the downside is offset by positive economic data from China and the USA.
Brent loses 17 cents, or 0.25% to $66.77/barrel.
WTI dropped 33 cents, or 0.52% to $63.13/barrel.