Crude settled mixed but weekly gains hit more than 5%
Crude settled mixed but weekly gains hit more than 5%
International benchmark for crude oil settled mixed on Friday, 28 May 2021 as optimism over the demand outlook following positive economic data in the US outweighed concerns over potentially higher Iranian supply would the nuclear deal come through.
Brent gained 17 cents, or 0.2% to $69.63/barrel.
WTI settled down 53 cents or 0.79% at $66.32/barrel.