Crude Oil News Headline Posted By https://www.commodityscanner.com Keep In Touch:-9045797577,9068270477
Oil prices rise on U.S. data, head for 3% weekly gain.
Oil prices rose as much as $1 on Friday as fresh U.S. data lowered recession fears, although an upcoming speech from the U.S. Federal Reserve chairman capped further gains.
Brent crude futures climbed 73 cents, or 0.73%, to $100.07 a barrel by 0825 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 78 cents, or 0.84%, to $92.93.
Both contracts jumped by as much as $1 in early trade after slumping by about $2 on Thursday.
