Oil prices saw little change on Friday after falling in the previous session. They are expected to post losses for a second week amid easing concerns over a potential conflict with Iran that could disrupt supplies, as forecasts suggest supply will exceed demand this year.
Oil Prices Stable Amid Easing Geopolitical Tensions
Oil prices remained largely unchanged on Friday, extending losses for a second consecutive week. The key factor was easing concerns over a potential conflict with Iran, even as experts anticipate supply to outpace demand throughout the year.