Dhaka, April 4 -- Oil prices fell further in early Asian trade on Friday, and were on track for the worst week in months over US President Donald Trump's new tariffs, stoking concerns over a global trade war that could weigh on oil demand.
Brent futures fell 31 cents, or 0.4 per cent, to $69.83 a barrel by 0157 GMT. US West Texas Intermediate crude futures were down 32 cents, or 0.5 per cent, to $66.63. Brent was on course for its biggest weekly loss in percentage terms since the week ended October 14, and WTI since the week ended January 21, as per a Reuters report.
Adding to the bearish sentiment was a decision by the Organisation of Petroleum Exporting Countries and their allies (OPEC+) to advance their plan for oil output increases,...
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