Brent heads for weekly loss of nearly 8% despite Friday rebound

Jun 20, 2026

Business
Brent heads for weekly loss of nearly 8% despite Friday rebound

London [UK], June 20: Oil prices rose on Friday, but Brent crude remained on track for a weekly loss of nearly 8 percent amid continued market volatility.
Brent crude futures gained 66 cents, or 0.8 percent, to US$80.38 a barrel, while US West Texas Intermediate (WTI) crude rose 94 cents, or 1.2 percent, to US$77.54 a barrel.
Source: Emirates News Agency

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