The price of Brent crude stood at $114 per barrel on Friday morning, continuing the upward trend seen this week as a result of supply concerns following new Houthi attacks on energy facilities in Saudi Arabia.
Brent crude oil futures are up another 1%, to $114.37 per barrel, while U.S. WTI crude is up 1.25% to $100.74 per barrel.
On a weekly basis, Brent is up 4% and U.S. crude is up 1.8%.
SEE ALSO: Airfare: How Much Are Prices Expected to Rise Due to Fuel Costs | AlphaNews
Advertisement
