Brent crude for June delivery fell 0.4 percent on Friday morning to $80.80 a barrel. West Texas Intermediate (WTI) futures for June delivery also fell 0.4 percent to $77.06. per barrel.
– Market sentiment remains bearish after weak macro data from the US economy and amid expectations for interest rate hikes. In addition, there are fears of a recession, which may reduce the demand for oil – said Hiroyuki Kikukawa, president of NS Trading.
