Oil prices stayed near multi-year highs on Friday, erasing some earlier losses in Asian trading hours, with concerns about tight supply and stockpiles fuelling bullish sentiment. Brent crude futures rose 23 cents, or 0.3%, to $84.84 a barrel at 0933 GMT, after Thursday’s three-year high of $86.10. The benchmark is set for its seventh weekly …
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Author: Capt. John
https://www.hellenicshippingnews.com/oil-stays-near-85-a-barrel-brent-set-for-seventh-weekly-gain/