Ghana news briefing
Oil rises slightly as market weighs mixed supply signals
Oil prices drifted slightly higher on Friday after China halted fuel exports, while the Wall Street Journal reported that the US is sending more troops and carriers to the Middle East as it also tries to make Europe draw down more emergency diesel.
The Trump administration has told Germany and France to draw down emergency diesel inventories to help ease soaring global fuel prices or face a potential US diesel export ban, according to three people close to the discussions.
On Thursday, Brent closed more than $4 higher and WTI was up over $2 following the WSJ report and the China export news, stoking fears that global fuel shortages could worsen.
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