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Oil Headed for Weekly Loss But Analysts Remain Cautious — Market Talk

Oil prices are broadly unchanged in afternoon trading, with both crude benchmarks on track for significant weekly losses amid hopes for diplomatic progress toward reopening the Strait of Hormuz. Front-month November Brent crude is down 1.1% to $105.44 a barrel, while WTI futures are down 1.8% to $9…

CLCRUDEOIL1USOIL

Oil prices are broadly unchanged in afternoon trading, with both crude benchmarks on track for significant weekly losses amid hopes for diplomatic progress toward reopening the Strait of Hormuz. 8% to $9…