Reported 26 days ago
Oil prices rose on Friday, breaking a three-week losing streak due to increased fuel demand and delayed implementation of U.S. tariffs, expected to start in April. Brent crude surged to $75.46 per barrel, while U.S. WTI climbed to $71.66. Market strategists indicate that while the tariff delays offer a positive outlook, concerns about potential increases in Russian oil supply amidst peace discussions in Ukraine could limit further gains.
Source: YAHOO