Crude oil inched lower on supply and demand concerns
Crude oil inched lower on supply and demand concerns
International benchmarks for crude oil traded lower on Friday, 9 April 2021 on concerns over the demand outlook amid a new wave of COVID-19 while OPEC+ is lifting production outputs progressively in the coming three months.
Brent loses 25 cents, or 0.4% to $62.95/barrel.
WTI drop 28 cents, or 0.47% to $59.32/barrel.