Oil prices ease but head for another weekly gain on Middle East supply concerns
The National · 16 Oct 2026

Oil prices ease but head for another weekly gain on Middle East supply concerns

Oil prices eased on Friday but were still headed for another weekly increase on lingering Middle East supply concerns and as global efforts to boost crude stockpiles continue. Brent, the benchmark for two thirds of the world's oil, declined 0.77 per cent to $105.10 a barrel at 12.59pm UAE time. WTI,


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