Oil edges lower but Brent shelves weekly gain on recovery hope
By Suzana in Business
Updated 3 years ago
On Friday, both UK and US crude oil futures closed out the session modestly lower, snapping up a four-day long streak of gains, but both benchmarks had secured weekly percentage gains amid scintillating signs of a solid economic recovery in the United States and China, easing off scepticisms about a third wave of pandemic outbreak on major G20 economies.