Oil prices mixed amid macroeconomic concerns

Brent December contract was down 11 cents to US$92.99 per barrel. US West Texas Intermediate crude (WTI) was down 4 cents, or 1%, to US$81.57 per barrel.

NEW YORK: Oil prices were mixed on Friday in a volatile trading session due to macroeconomic concerns and profit taking, but were set to rise about 30% in the quarter as Opec+ production cuts squeezed global supply.

Front-month Brent November futures were up 5 cents at US$95.43 per barrel at 12:22 p.m. EDT (1722 GMT) ahead of the contract's expiry later in the day. The more liquid Brent December contract was down 11 cents to US$92.99 per barrel.