Oil prices settled at their highest levels in over a week on Friday. The price increase was driven by positive economic news and sustained demand for raw materials. Analysts note that this trend may continue in the coming days, barring unexpected market changes. Experts attribute the price surge to improving global economic conditions and declining oil inventories in some countries. Meanwhile, some investors remain cautious, fearing a possible tightening of monetary policy.
Oil Prices Hit Weekly High
Oil prices settled at their highest levels in over a week on Friday, driven by positive economic news and sustained demand.