Instability in the global economy and fears of a new rate hike, uncertainty over demand resulted in weekly oil losses, Brent posted a weekly loss of 5.4%, and WTI fell 5.6%.
Weekly oil losses came despite crude prices rising at the end of the trading week, first yesterday, after strong economic data in the eurozone and Britain, but futures contracts.
Brent crude futures rose 56 cents on Friday to $81.66 per barrel, and WTI rose 50 cents to $77.87.
Survey data from the eurozone and Britain boosted oil prices on Friday.
The two benchmarks fell more than 2% in trading last Thursday, to their lowest levels, since the unexpected announcement in early April of production cuts by some OPEC countries, due to recession fears and ballooning U.S. gasoline stocks.
GOOGL 
AMZN 
MET 
T 
WPM 
DM 
SVM 
CMC 
HKDUSD=X 
BABA 