Oil Set For Another Weekly Gain

Oil prices fell on Friday due to expectations of lower demand in the U.S. Friday, August 29, 2025 Oil prices are headed towards a second straight weekly gain of 1%, with ICE Brent hovering slightly above $68 per barrel, as hopes for a negotiated settlement in the Russia-Ukraine conflict dissipate and US-India trade tensions remain unresolved. Market activity was seasonally low in late August; however, next week could provide a much-needed boost to oil trade as OPEC+ countries meet on September 7 to assess current market conditions and their output…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com