Fri, 18 Sep 2015 08:33:06 GMT
Oil drops amid OPEC comments and concerns over global demand
Oil futures fell on Friday, with the latest OPEC comments weighing on prices, however both crude benchmarks are likely to book weekly profit. Futures for WTI were traded 1.22% lower at $46.31 per barrel, while Brent futures declined 0.65% to 448.76 per barrel by 07:21 AM GMT. Meanwhile, officials in Kuwait, a key producer of the OPEC, said that they