Crude Oil Trims Early Losses As Traders Eye G-7 Fuel Release
Crude oil trimmed early losses late in the session as investors sought safety ahead of the weekend. WTI crude oil fell 1.9% to $91.11 a barrel, while Brent edged down 0.06% to $102.25 a barrel. Analysts are speculating regarding the implementation of the G-7 deal releasing 100 million barrels of crude.