Incheon:Oil prices showed mixed movements on Friday, yet they are poised to record a second consecutive weekly loss.
According to Bahrain News Agency, Brent crude futures saw a slight decrease, dropping by one cent to settle at $95.41 per barrel. Meanwhile, US West Texas Intermediate (WTI) crude experienced a more notable decline, falling by 20 cents, or 0.25%, to reach $88.52 per barrel.
This marks the continuation of a trend where both Brent and WTI have been facing downward pressure, leading to a potential weekly loss for the second time in a row.