Oil holds near one-month high, set for third week of gains amid supply woes


SINGAPORE (Reuters): Oil prices eased a touch but held near one-month highs on Friday as they headed for a third weekly gain on a tightening global supply outlook after the US imposed tariffs against countries buying oil from Venezuela and placed curbs on Iranian oil trade.

Brent crude futures lost 14 cents, or 0.2%, at $73.89 a barrel. U.S. West Texas Intermediate crude futures were down 12 cents, or 0.2%, to $69.80 a barrel at 0431 GMT.

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Oil Prices , rising , Global Issues

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