Both benchmarks are set to gain 0.4% this week
Oil falls 2% but still set for slight weekly gain on supply jitters
Oil prices fell 2% on Friday but were still on track for a weekly gain on supply disruptions in Russia while uncertainty loomed over a potential peace deal in Ukraine.
Brent futures fell $1.42, or 1.9%, to $75.06 a barrel by 10:48 a.m. ET (1548 GMT), while U.S. West Texas Intermediate crude fell $1.46, or 2%, to $71.02.
Both benchmarks are set to gain 0.4% this week. Brent would be marking a second week of gains after three weeks of declines. WTI is set for its first week of gains after four weekly declines.
Oil prices fell 2% on Friday but were still on track for a weekly gain on supply disruptions in Russia while uncertainty loomed over a potential peace deal in Ukraine.
Brent futures fell $1.42, or 1.9%, to $75.06 a barrel by 10:48 a.m. ET (1548 GMT), while U.S. West Texas Intermediate crude fell $1.46, or 2%, to $71.02.
Both benchmarks are set to gain 0.4% this week. Brent would be marking a second week of gains after three weeks of declines. WTI is set for its first week of gains after four weekly declines.
