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Commodity: Rising oil prices

11/04/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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Oil prices rose on Friday after falling by more than $2 per barrel in the previous session. But they are expected to fall for a second week in a row due to concerns about a protracted trade war between the United States and China.

Brent futures rose by 90 cents, or 1.4%, to $64.23 per barrel at 06:46 GMT, while American West Texas Intermediate crude futures rose 88 cents, or 1.5%, to $60.95 GMT. Brent is expected to fall by 2.1% this week, while WTI is on track to fall by 1.8%. Both benchmarks fell by 11% in the previous week.

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