Oil futures edged lower Friday, as traders continued to balance optimism over a $2 trillion U.S. fiscal stimulus package against a huge drop in demand as result of the global COVID-19 pandemic.
West Texas Intermediate crude for May delivery CLK20, -3.76% was 3 cents, or 0.1%, at $22.63 a barrel on the New York Mercantile Exchange, while June Brent crude BRNM20, -2.51%, the global benchmark, fell 23 cents, or 0.7%, to $28.42 a barrel on ICE Europe.