Reported 3 days ago
Oil prices rose on Friday, following a two-month high, driven by hopes of increased government policy support for economic growth which could boost fuel demand. Brent crude futures and U.S. West Texas Intermediate crude both saw slight increases, with expectations of further economic stimulus from central banks in Asia and the U.S. amid soft manufacturing activity. Investors are also closely watching crude price movements from Saudi Arabia and assessing potential impacts from upcoming weather changes and Donald Trump's presidency.
Source: YAHOO