Oil prices were slightly up early on Friday, headed to a third straight week of gains, as U.S. crude inventories dropped to a three-year low and as surging natural gas prices are set to boost demand for alternative fuels. As of 10:10 a.m. EDT, WTI Crude traded above $73 a barrel, at $73.52, up by 0.35%.
Brent Crude prices were above $77 per barrel, having risen by 0.47% at $77.58. Both benchmarks held close to the two-month high they hit on Thursday after U.S. crude stocks dropped to their lowest since October 2018, and the broader market received…Oil Prices Set For Another Weekly Gain As Supply Tightens
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