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1 year ago

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Oil settles down $2/bbl, ends week lower on Fed worries, ample supply

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Oil settles down $2/bbl, ends week lower on Fed worries, ample supply

Oil settled down $2 a barrel on Friday and ended the week markedly lower, as traders worried that future U.S. interest rate hikes could weigh on demand and got nervous about mounting signs of ample crude and fuel supply.

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Oil settles down $2/bbl, ends week lower on Fed worries, ample supply

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Oil settles down $2/bbl, ends week lower on Fed worries, ample supply

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