Oil prices on track to snap two-week losing streak

Economy
  • 26-04-2024, 12:33
    • +A -A


    INA-source
    Oil prices rose on Friday, on track to end higher this week after two straight weeks of losses, after a top U.S. official expressed optimism over economic growth and as supply concerns lingered due to conflicts in the Middle East.
     
    Brent crude futures gained 47 cents, or 0.5%, to $89.48 a barrel at 0640 GMT, and U.S. West Texas Intermediate crude futures rose by 44 cents, or 0.5%, to $84.01 a barrel.
    Source- reuters

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