WTI oil prices were heading for weekly gains of close to 2% on Friday, supported by an expected Fed interest rate cut, escalating US-Venezuela tensions and stalled peace talks in Moscow. Trump reiterated o that the US will start striking alleged drug cartels on land in Venezuela very soon. Military

Oil prices eased on Friday, heading for a third straight monthly decline, as rising supply from major producers globally offset the impact of tougher sanctions on Russian exports. China and India have tried to strike a balance between asserting their sovereignty in the face of unilateral the sanctio