Oil rose on Friday on a persistent supply tightnessOil rose on Friday on a persistent supply tightness |
|
International benchmarks for crude oil ended the week with additional gains as there is no sign of an easing energy crunch globally. As the market concluded business on Friday, 8 October 2021, US crude prices hit the highest levels in nearly seven years.
Brent gained 44 cents to close at $82.39/barrel.
WTI rose $1.05 to settle at $79.35/barrel.