Oil climbs 2% as no quick increase in Saudi production is anticipated
Oil gained 2.5% on Friday. After a U.S. official said an immediate Saudi output boost was not expected. The spare capacity of members of Petroleum Exporting Countries is running low. Both benchmarks saw their biggest weekly percentage drops. Brent and WTI both closed below $100 per barrel. Oil acquired 2.5% on Friday after a U.S. … Read more