Oil edges lower on mixed supply and demand outlook

Capt. John

Oil prices edged lower in rangebound trade on Friday on rising supplies from major producers and concerns over a mixed picture on the COVID-19 pandemic’s impact on fuel demand. Brent crude futures for June fell 16 cents, or 0.3%, to $63.04 a barrel by 1:38 p.m. EDT (1738 GMT). U.S. West Texas...

https://www.hellenicshippingnews.com/oil-edges-lower-on-mixed-supply-and-demand-outlook/

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