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2018-11-02 12:20:00

OIL PRICE: NOT ABOVE $73

OIL PRICE: NOT ABOVE $73

REUTERS - Oil prices seesawed on Friday as markets were lifted by hopes the United States and China may resolve their trade disputes soon, before being weighed down by a report Washington had granted several countries waivers on Iran sanctions.

Front-month Brent crude futures were at $72.88 per barrel at 0737 GMT on Friday, 1 cent below their last close. They first fell on Friday on surging supplies, before rising with global markets and then dipping again on the back of the reported Iran sanctions waivers.

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Tags: OIL, PRICE, BRENT, WTI,
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