Oil rises but on track for 5% weekly drop amid Delta woes

Oil prices rose on Friday, pulling up from three-month lows, but they were still on track for a weekly loss of over 5% as new lockdowns in countries facing surging cases of the Delta variant dampened the outlook for fuel demand.

Read more at https://www.reuters.com/business/energy/oil-steadies-set-slump-week-delta-anxiety-2021-08-20/