Crude oil futures ended marginally lower on Friday after recently climbing to their highest levels in six months. There was cautiousness in the market after U.S. President Donald Trump warned Tehran that it has a ‘maximum’ 15 days to reach a deal with the U.S. or ‘bad things will happen’. Meanwhile, with potential U.S. military action looming, Iran has warned that U.S. bases in the Middle East could be ‘legitimate targets’ if Washington attacks.
Benchmark crude oil futures for April delivery fell $0.12 or 0.18% to settle at $66.31 a barrel on the New York Mercantile Exchange. However, Brent crude for April delivery rose $0.10 or 0.14% to settle at $71.76 a barrel on London's Intercontinental Exchange.
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