Oil Set for 3% Weekly Gain on U.S. Jobs Data Easing Recession Concerns, Mideast tensions – Equitypandit
Oil prices went up on Friday, with Brent crude futures rising 22 cents to USD 79.38 per barrel and U.S. West Texas Intermediate crude futures increasing by 26 cents to USD 76.45 per barrel. This marks a weekly gain of more than 3% for both types of crude. Analyst Ashley Kelty from Panmure Liberum mentioned…