Brent price stock in focus: BNO oil ETF slips premarket as Venezuela talks and Iran unrest steer crude
United States Brent Oil Fund (BNO) fell 0.5% to $29.12 in premarket trading after a 4.4% gain Thursday. Brent futures rose 0.7% to $62.42 a barrel amid Iran protests and Venezuela export talks. Chevron and others will meet U.S. officials Friday over Venezuelan oil sales. Asian fuel oil premiums jumped as traders expect more Venezuelan crude to head to the U.S.