Oil ends week higher as investors weigh Fed rate cut


Brent futures settled down 39 cents, or 0.52%, at US$74.49 a barrel. US WTI crude futures settled down 3 cents, or 0.4%, to US$71.92.

HOUSTON: Oil prices settled lower on Friday but recorded a second straight week of gains, garnering support from a US interest rate cut and a dip in US supply.

Brent futures settled down 39 cents, or 0.52%, at US$74.49 a barrel. US WTI crude futures settled down 3 cents, or 0.4%, to US$71.92.

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