Oil set for sixth weekly loss as trade war stokes demand fears

A worker adjusts a pipeline control valve in the refining complex at the Naftna Industrija Srbija AD (NIS) oil refinery, operated by OAO Gazprom Neft PJSC, in Pancevo, Serbia, on Monday, June 11, 2018. Planned investment through 2025 is the biggest ongoing project in Serbia and will comprise NIS upgrades of its Pancevo refinery, electricity generation, oil and gas exploration, Politika newspaper reported last year, citing Chief Executive Officer Alexander Dyukov. Photographer: Oliver Bunic/Bloomberg
A worker adjusts a pipeline control valve in the refining complex at the Naftna Industrija Srbija AD (NIS) oil refinery, operated by OAO Gazprom Neft PJSC, in Pancevo, Serbia, on Monday, June 11, 2018. Planned investment through 2025 is the biggest ongoing project in Serbia and will comprise NIS upgrades of its Pancevo refinery, electricity generation, oil and gas exploration, Politika newspaper reported last year, citing Chief Executive Officer Alexander Dyukov. Photographer: Oliver Bunic/Bloomberg

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