Brent futures rose 94 cents, or 1.3%, to settle at US$75.17 a barrel. US West Texas Intermediate (WTI) crude rose US$1.14, or 1.6%, to settle at US$71.24.
NEW YORK: Oil prices climbed about 1% on Friday, settling at a two-week high, as the intensifying war in Ukraine this week boosted the market's geopolitical risk premium.
Brent futures rose 94 cents, or 1.3%, to settle at US$75.17 a barrel. US West Texas Intermediate (WTI) crude rose US$1.14, or 1.6%, to settle at US$71.24.
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