Oil posts weekly fall on tariff worry, rising supplies

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Oil prices edged higher on Friday but posted a weekly decline, under pressure from market expectations of oversupply and uncertainty around tariff talks between the US and China. Read full story

NEW YORK: Oil prices edged higher on Friday but posted a weekly decline, under pressure from market expectations of oversupply and uncertainty around tariff talks between the US and China. Brent crude futures settled 32 cents higher at US$66.87 a barrel, taking losses to 1.

6% over the week. US West Texas Intermediate crude gained 23 cents to US$63.02 a barrel, marking a weekly decline of 2.



6%..