Reported about 8 hours ago
Oil prices increased on Friday, poised for a weekly gain of over 4% as tensions in the Ukraine war escalate, with Russian President Putin warning of a potential global conflict. Brent crude rose to $74.40 and U.S. West Texas Intermediate climbed to $70.30 per barrel. Despite a ramped-up Russian offensive and concerns about supply disruptions, growth in U.S. crude and gasoline stocks may cap significant price increases.
Source: YAHOO