Oil Prices Hold Steady, Russia Rolls Back Diesel Export Ban

Oil Prices Hold Steady, Russia Rolls Back Diesel Export Ban
Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang Province, China, on Dec. 7, 2018. Stringer/Reuters
Reuters
Updated:

LONDON—Oil prices were stable on Friday but were on course for a week-on-week loss, as demand fears driven by macroeconomic headwinds were compounded by another partial lifting of Russia’s fuel export ban on Friday.

On Friday, Brent futures were up 15 cents, or 0.18 percent, at $84.22 at 0817 GMT, while U.S. West Texas Intermediate crude futures were up 20 cents, or 0.24 percent, at $82.51.