Brent posts momentary gain, weekly loss on February 8

11.02.2019

Benchmark oil prices posted a weekly loss after a choppy day of trading on February 8, pulled down by worries about a global economic slowdown.

OPEC-led supply cuts and U.S. sanctions against Venezuela provided crude with some support.

International Brent crude futures had erased earlier losses around 2:30 p.m. ET, gaining 51...