Oil surges more than 1% in five days, continues gaining streak for second week; brent crude at $79/bbl

Oil surges more than 1% in five days, continues gaining streak for second week; brent crude at $79/bbl

Oil prices closed lower on Friday but posted a second consecutive weekly gain as investors considered factors such as potential supply disruptions in the Middle East and the effects of Hurricane Milton on fuel demand in Florida. Brent crude futures fell 36 cents, or 0.45%, to settle at $79.04 per barrel, while U.S. West Texas … Read more