Oil dips, but posts weekly gain on solid 2024 demand outlook

New York, June 15 (Reuters) – Oil futures prices settled slightly lower on Friday after a survey showed deteriorating U.S. consumer sentiment, but prices rose 4% for the week as investors weighed forecasts for solid demand for crude oil and fuel in 2024.

Brent crude futures settled down 13 cents at $82.62 a barrel, while West Texas Intermediate (WTI) U.S. crude futures were down 17 cents at $78.54, Reuters reported.


Brent and the U.S. benchmark gained nearly 4% over the week, highest weekly rise in percentage terms since April.


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