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Find all the economic and financial information on our Orishas Direct application to download on Play StoreOil prices rose on Friday, even though they were on the verge of their biggest weekly drop since March 2023.
Brent crude futures rose by 50 cents, or 0.7%, to $68.23 per barrel at 10:36 GMT while American West Texas Intermediate crude gained 49 cents, or nearly 0.8%, to $65.73 GMT. Brent prices briefly rose to over $80 per barrel during the 12-day war that began after Israel targeted Iranian nuclear facilities on June 13, before dropping to $67 per barrel after U.S. President Donald Trump announced a ceasefire between Iran and
Israel.
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