Oil markets traded softer into the weekend on the back of escalating US-China tensions.
Brent crude futures rose slightly at 0.13% to trade at $45.23.
Brent crude is expected to stay below the $45 resistance levels in the coming days.
Crude oil prices started the trading week at London’s session with a decline, due to growing concerns on oil glut. This macro is coming to light...
Oil traders have flagged the start of hurricane season as a potential headwind for crude oil prices.
Oil prices slumped more than 50 cent a barrel on Monday, even after major producers agreed their biggest-ever output cut.