Oil steadies after falling on Trump comments on U.S.-China trade
Share:
NEW YORK (Reuters) - Oil prices pared losses on Friday, after earlier falling more than 1% following comments from U.S. President Donald Trump that he has not agreed to roll back tariffs on China.Brent crude futures rose 3 cents to $62.32 a barrel by 1:23 p.m. EST (1823 GMT). West Texas Intermediate (WTI) crude fell 7 cents to $57.08 a barrel.Brent was headed for a weekly rise of 0.9%, while WTI was on track to gain 1.4%.Prices pared losses in midday trade, after Brent reached a session low of..