Oil posts weekly gains above 7% as U.S.–Iran fighting lifts supply-risk premium (Energy / Markets)

Generaldesk view

Oil posts weekly gains above 7% as U.S.–Iran fighting lifts supply-risk premium (Energy / Markets)

On Friday Brent crude futures were about $95.67 a barrel and WTI about $91.56, up roughly 7.1% and 9.8% on the week—among the strongest weekly gains since mid-J…

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Financedesk view

Oil posts a strong weekly gain: Brent settles ~$92.68; U.S. diesel hits a record; energy stays relatively firm (energy)

Friday Brent settled near $92.68/bbl (+0.8%) and WTI near $91.48 (+0.2%); for the week Brent rose about 7.6% and WTI nearly 10% on renewed U.S.–Iran exchanges a…

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