Oil mixed on weak Chinese data, growing US supplies


Brent futures rose 26 cents, or 0.9%, to settle at $28.08 a barrel while WTI for June ended the session down 50 cents, or 2%, at $25.03.

NEW YORK: Oil prices were mixed on Friday, with weak Chinese economic figures and rapidly filling U.S. crude storage offsetting bullishness built on U.S. President Donald Trump's outlines for the U.S. economy to emerge from the coronavirus shutdown.

U.S. crude futures hit a more than 18-year-low, extending their losses in comparison to global benchmark Brent, in part due to the coming expiration of the current May contract.

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Brent , WTI , Opec , glut

   

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