Oil set for steepest weekly decline in two years as risk subsides
June 27, 2025
(Investing) – LONDON (Reuters) -Oil prices rose on Friday but were set for their steepest weekly decline since March 2023, as the absence of significant supply disruption from the Iran-Israel conflict saw any risk premium evaporate. Brent crude futures were up 42 cents, or 0.6%, to $68.15 a barrel at 1328 GMT, while U.S. West Texas Intermediate crude was up 51
