Oil set for weekly loss as global conflicts ease, signs of glut emerge
HOUSTON (Reuters) -Oil prices managed small gains on Friday but were headed for a weekly loss of nearly 3% after the IEA forecast a growing glut and U.S. President Donald Trump and Russian President Vladimir Putin agreed to meet again to discuss Ukraine.
Brent crude futures settled at $61.29 a barrel, up 23 cents, or 0.38%. U.S. West Texas Intermediate futures finished at $57.54 a barrel, up 8 cents, or 0.14%.
