Oil prices were heading for their worst week since July early on Friday, as fears about a full-blown conflict between the U.S. and Iran in the Middle East subsided a week after prices surged on the U.S. killing of a top Iranian military commander. As of 09:51 a.m. EDT on Friday, Brent Crude was down 0.46 percent at US$65.07, while WTI Crude traded below the US$60 a barrel mark, down 1.09 percent at US$58.91. Oil prices surged last Friday, following the assassination of Iran’s most powerful and visible military leader, Qassem Soleimani, by U.S. forces in Iraq. The attack was carried out following a direct order from U.S. President Donald Trump and was aimed at ‘deterring future attacks’ on U.S. diplomats and service members throughout the region. Early on Monday, the oil price rally continued , with Brent Crude prices exceeding US$70 a barrel for the first time since […]