Commodities

Oil Futures Settle Sharply Higher For The Day, Gains 19% In Week

Crude oil futures ended sharply higher on Friday, extending recent gains, amid hopes on some improvement in energy demand following reopening of businesses in several parts across the globe, and on hopes the output cuts from major producers will support prices.

West Texas Intermediate Crude oil futures for June ended up $1.87, or about 6.8%, at $29.43 a barrel.

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by RTTNews Staff Writer

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