Oil prices struggle for direction on Friday as China-U.S. tensions flare up
July 24, 2020 at 08:03 AM EDT
Oil futures bounce on either side of unchanged early Friday, but were on track for a weekly gain, as investors weigh upbeat data from Europe against developments between the world’s biggest economic superpowers, which could create headwinds for crude, already reeling from the impact of the COVID-19 pandemic.