Oil heads for third straight weekly loss as economic worries persist

Oil prices held steady in early trading on Friday, but were set for a third straight week of losses after markets witnessed dramatic drops on fears of a weakening U.S. economy and slowing Chinese demand. Brent crude rose 14 cents, or 0.2 percent, to $72.64 a barrel at 0002 GMT, while U.S. West Texas Intermediate … Continue reading Oil heads for third straight weekly loss as economic worries persist