Oil drops 3 percent as economic outlook weakens, U.S. supply surges

08 March 2019, New York/Singapore/London — Oil prices fell about 3 percent on Friday and were set for a second straight week of declines after disappointing U.S. job growth revived concerns about a slowing global economy and weaker demand for oil. With surging U.S. oil supply also unsettling markets, Brent crude futures fell $1.85, or … More »