OIL is set for a modest weekly gain on the back of tightening US supplies, while a gloomy demand outlook continues to impede gains above US$40 a barrel.
US crude futures eased 0.3% in Asia, paring their weekly advance to 0.5%. The market ended little changed on Thursday, reversing an earlier decline of as much as 4.4%.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!