Oil futures finish higher, with U.S. prices up nearly 4% for the week

Oil futures finish higher, with U.S. prices up nearly 4% for the week
·1 min read

Oil futures rose on Friday, with U.S. benchmark crude prices posting a weekly gain of almost 4%. "Another round of strong earnings and economic data suggest the economy can still handle the current surge in energy prices," said Edward Moya, senior market analyst at Oanda. "The oil market deficit will only get wider as global stockpiles remain at low levels, unexpected demand comes from colder weather, and on surging jet fuel demand as the U.S. opens up international travel." West Texas Intermedi

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