Energy Crunch Pushes Oil To Longest Weekly Bull Run Since 2015

Energy Crunch Pushes Oil To Longest Weekly Bull Run Since 2015

OilPrice.com

Published

Oil prices rose early on Friday, with WTI Crude set for its eighth consecutive weekly gain for the longest weekly winning streak since 2015 and Brent briefly topping $85 a barrel as energy markets continue to tighten ahead of the winter. As of 8:46 a.m. EDT, WTI Crude prices were up 0.68% at $81.88. Brent Crude, the international benchmark, traded at $84.81, up 0.94%, after having briefly hit $85.09 earlier in the day. The rally in energy commodities, the switch from gas to oil amid record-high natural gas prices, and the tight control over supply…

Full Article