Oil prices post first weekly drop in eight weeks on China demand worries (NYSEARCA:XLE)

Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.


Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

SlavkoSereda/iStock via Getty Images

U.S. crude oil futures rose Friday but finished lower for the week, ending a streak of seven weekly gains, as traders attributed the setback to weak economic data from China and Federal Reserve meeting minutes that indicated another rate hike is still on

Leave a Reply

Your email address will not be published. Required fields are marked *