West Texas Intermediate (WTI) crude oil prices declined on Friday during early European trading, extending the previous session’s weakness. WTI was last seen trading at $60.99 per barrel, down from Thursday’s close of $61.16.
Brent crude also under pressure
Brent crude followed a similar path, slipping to $64.82 per barrel compared with Thursday’s close at $64.99, as traders continued to assess global demand prospects amid persistent concerns over economic growth and supply dynamics.