Oil drops 4% in five days on record US crude output ahead of US elections, Fed verdict; Brent settles at $73/bbl | Stock Market News
Source: Live Mint Oil prices edged up on Friday on reports Iran was preparing a retaliatory strike on Israel from Iraq in coming days, but record U.S. output weighed on prices. Brent futures were up 29 cents, or 0.4%, to settle at $73.10 a barrel. U.S. West Texas Intermediate (WTI) crude gained 23 cents, or…