Brent dips below $80/b mark as jitters on US monetary policy ebb

10.06.2024

Oil prices edged down on Friday and posted a third straight weekly loss as investors weighed OPEC+ reassurances against the latest U.S. jobs data that lowered expectations that the Federal Reserve will cut interest rates soon.

Brent crude futures settled 25 cents lower at $79.62 a barrel, while U.S. West Texas...