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Oil prices steady, on course for weekly gain

WorldNews Friday, 14 February 2020 ()
Oil prices steady, on course for weekly gainLONDON/SINGAPORE — Oil prices edged up Friday and held on track for their first weekly gain since early January, backed by expectations that major producers will implement deeper output cuts to offset slowing demand in China caused by the coronavirus epidemic. Brent crude was up 6 cents or 0.1% at $56.40 a barrel by 0911 GMT, and has risen 3.4% since last Friday, its first weekly increase in six weeks. U.S. West...

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