Singapore, November 13 (QNA) - Oil prices showed mixed movement in today's trading as markets awaited geopolitical developments in the Middle East, with prices heading toward a second consecutive weekly loss.
Brent crude futures saw a slight decline of one cent, reaching USD 95.41 per barrel, while U.S. West Texas Intermediate (WTI) crude futures fell by approximately 20 cents, or 0.25 percent, to USD 88.52 per barrel.
Today's losses wiped out gains made over the previous two days in a week marked by sharp volatility, amid persistent uncertainty regarding the possibility of a breakthrough that could help de-escalate tensions in the Middle East.
For the week, Brent crude is expected to decline by 2.4 percent, while West Texas Intermediate is projected to fall by approximately 2.5 percent. (QNA)