Saturday, June 14, 2025
Oil prices broadly stable as stimulus hopes balance corona fears- oil and gas 360

Oil prices broadly stable as stimulus hopes balance corona fears

Reuters LONDON – Oil prices were broadly stable on Friday in early U.S. trading, as expectations of stimulus programmes balanced concerns about the recovery in fuel demand as coronavirus cases surged, while major crude producers prepared to lift output. Brent crude futures fell 15 cents to $43.22 a barrel by 1350 GMT. U.S. West Texas Intermediate (WTI) crude dropped 5