Mubasher: Oil futures settled near stability on Friday, losing 0.5% for the week.
June Nymex WTI inched down $0.04, or 0.1%, to close at $61.66 per barrel.
Prices were affected by the conflict in the Arabian Gulf and the Sino-American trade spat, which takes a new level as the US announced imposing $200 billion additional tariffs on Chinese imports.
Source:
Mubasher