Oil prices rise on faith in supply cuts, demand recovery

U.S. West Texas Intermediate (WTI) crude futures climbed 23 cents, or 0.6%, to $39.07 a barrel at 0209 GMT, while Brent crude futures rose 18 cents, or 0.4%, to $41.69 a barrel. Both contracts rose around 2% on Thursday.

from Markets-Economic Times https://ift.tt/3fCoTwT