Oil Prices Mixed as Traders Weigh Supply Outlook and Middle East Risks
Oil prices were mixed Friday, paring earlier gains as traders weighed the IEA’s global supply-surplus outlook against continued disruptions to Middle Eastern oil shipments. Brent rose 0.5% to $96.28 a barrel in European trading.
By Farhan RafidOil prices were mixed Friday, paring earlier gains as traders assessed the International Energy Agency's outlook for a global supply surplus against continued disruptions to Middle Eastern oil shipments.Front-month Brent crude futures rose 0.5% to $96.28 a barrel in European trading…