Fetching News Details
Oil prices were higher on Friday. Brent crude was up 4 cents at $45.00, while U.S. WTI had gained 2 cents, to $42.26 a barrel. Price gained amid growing confidence that demand for fuel is starting to pick up despite the coronavirus pandemic that has slammed economies worldwide. World oil demand is likely to drop more than the 8.95 million bpd decline expected a month ago.