SA: Crude oil wraps up eighth straight week of price gains
SEEKING ALPHA reports: – U.S. crude oil futures closed above $82/bbl at a new seven-year high, ...
– Brent crude was up 40 cents, or 0.5% at $77.65 a barrel, by 0037 GMT.
– U.S. oil was up 27 cents, or 0.4%, at 73.57 a barrel.
Oil prices rose for a fourth day on Friday, taking Brent towards three-year highs, as investors focused on tighter supplies amid strong appetite for riskier assets like crude and high hopes for recovery from the pandemic.
Brent crude was up 40 cents, or 0.5% at $77.65 a barrel, by 0037 GMT, after touching a two-month high ...