Oil grew according to the results of the day and the whole week
oil prices rose on Friday, having completed a week with growth on the eve of the festive weekend dedicated to the US Day in the United States, which are the beginning of the peak demand for fuel in the United States. This happened amid how European countries are negotiating a complete ban on Russian raw oil.
Brent oil has risen in price by $ 2.03, or 1.7%, to $ 119.43 per barrel. The American oil of the West Texas Intermediate (WTI) brand has risen in price by 98 cents, or 0.9%, to $ 115.07 per barrel. Brent has increased by 6%in a week, and the WTI added 1.5%.
prices received support from high world demand for fuel, while gasoline and fuel oil futures are ahead of oil this year. “Demand is high thanks to products, especially gasoline, who pulled raw oil,” said John Kilduff, AGain Capital LLC partner.