Energy & Utilities Roundup: Market Talk

The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

1545 ET – Crude futures post a third straight weekly loss as rekindled U.S.-China trade tensions and increased oversupply concerns sent prices to multi-month lows. Prices steadied somewhat at the end of the week as President Trump indicated he plans to meet with China’s Xi Jinping, with WTI eking out a 0.1% gain to $57.54 a barrel. Brent gained 0.4% to $61.29. On the downside, Trump’s planned meeting with Russian President Vladimir Putin raised concerns that an eventual easing of sanctions on Russian oil could add more to global supply. WTI and Brent both end the week down 2.3%. (anthony.harrup@wsj.com)