Oil Drifts Down As U.S. Producers, Refiners Avoid Worst Of Storm….LIVE NEWS UPDATE BY ROYAL TRADERS

LIVE NEWS !!!

Oil prices fell on Friday as a massive storm raced inland past the heart of the U.S. oil industry in Louisiana and Texas without causing any widespread damage to refineries.

U.S. West Texas Intermediate (WTI) crude (CLc1) futures fell 6 cents, or 0.1%, to $42.98 a barrel as of 0202 GMT, adding to overnight losses.

However WTI is on track to rise 1.5% rise this week, for a fourth straight week of gains.

Brent 

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