Contrary to Thursday’s positive note, oil prices fell slightly on Friday but remained poised for weekly gains after closing at their highest in more than two months in the previous session, underpinned by potential further economic stimulus in China and lower U.S. interest
rates.
Brent crude and WTI crude were both down by 0.26 percent. Brent crude was trading at 75 dollars and 73 cents per barrel down. WTI Crude was trading at 72 dollars and 95 cents per barrel, according to the latest reports.