Oil Prices Set for Biggest Weekly Increase Since March Following OPEC Cut

Oil prices on Friday were on track for their biggest weekly increase since March, as OPEC’s planned production cut heightened tension with the U.S. government over energy supplies heading into winter. 

Brent crude futures, the international standard, were up 2.3% at $96.61 a barrel in early trading. West Texas Intermediate futures, the U.S. standard, were up 2.8% at $90.88 a barrel. U.S. oil prices are set to end up around 14% up for the week. 

Source: https://www.barrons.com/articles/oil-prices-biggest-weekly-increase-opec-51665135036?siteid=yhoof2&yptr=yahoo