Stability of oil prices in Asian market transactions

Stabilized Oil prices today in Asian market trading after declining in the previous session, with expectations of recording weekly losses for the second week in a row.

Brent crude futures rose three cents, equivalent to 0.04%, to $67.55 per barrel after falling 2.7% in the last session.

US West Texas Intermediate crude oil increased one cent, or 0.02%, to $62.85 after… It decreased by 2.8%. Brent crude is heading to record a weekly decline of approximately 0.8%, while US crude is expected to record weekly losses of approximately 1.1%.

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