Global oil

Crude oil futures ended Friday's session 3.1% percent higher at slightly above $109 per barrel, but posted a 5.7% decline on the week, the biggest weekly drop since November, as investors weighed efforts to bring more supply to the market…

Global oil prices recorded a third consecutive day of losses over fears that energy demand in the world’s biggest economy is cooling off, as well as the impact of suspended use of COVID-19 vaccines in Europe, which kept oil traders on their…