TAG: crude oil prices latest news trending

Brent, WTI shed 6% as oil heads for steepest weekly drop in 3 months: What's cooling down the commodity?

Oil prices extended losses on Friday, May 3, 2024 and stayed on course for the steepest weekly loss in three months, as investors weighed lower-than-expected US jobs data and the timing of interest rate cuts by the US Federal Reserve.  Brent crude futur...