Oil Prices Poised for Fourth Week of Gains

Oil futures rose on Friday and were set for a fourth week of gains, boosted by supply constraints and a weaker dollar, though an imminent release of crude reserves from China looms.

Brent crude futures rose 85 cents, or 1%, to a two-month high of $85.32 a barrel at 0955 GMT. U.S. West Texas Intermediate crude gained 58 cents, or 0.7%, to $82.70.


View entirety: Reuters