Oil prices reach near-record weekly highs in a month

By Sallie Anderson

Oil prices rose in trading today, Friday, on the back of investor optimism about global demand for crude oil, and black gold prices are approaching their record weekly levels in a month.

By 13:30 Moscow time, futures for US West Texas Intermediate crude rose 1.2% to $72.72 per barrel.

At the same time, futures for Brent crude rose by 1.23% to $76.79 per barrel, according to Bloomberg.

Source: RT + Bloomberg

This Article Oil prices reach near-record weekly highs in a month was first Published on World Weekly News

Source: Oil prices reach near-record weekly highs in a month

Category: Business, highs, Month, nearrecord, OIL, PRICES, reach, weekly