Oil Set For Second Weekly Rise
Faizan Hashmi | 21 August, 2026 | 09:45 AM
SINGAPORE: (UrduPoint / Pakistan Point News / WAM – 21st Aug, 2026)
Oil prices fell slightly on Friday, but were on track for a second weekly rise.
Brent crude futures fell 23 cents, or 0.3 percent, to $93.55 a barrel by 0142 GMT, after climbing 2.4 percent in the previous session. US West Texas Intermediate crude futures slipped 33 cents, or 0.4 percent, to $86.50 a barrel, after rising 2.3 percent in the prior session.
During the previous five days of gains, Brent gained more than 7 percent and WTI climbed more than 8 percent, reaching their highest since 24th July.
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