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2016-03-04 20:00:00

OIL PRICES UP TO $37.47

OIL PRICES UP TO $37.47

Crude oil futures rose on Friday, building on the week's gains, after increased U.S. employment gave further momentum to rising prices.

Brent futures gained 40 cents to $37.47 a barrel as of 1519 GMT (10:19 a.m. EST), after settling 14 cents higher in the previous session. The crude benchmark is set to end the week with a gain of more than 5 percent.

U.S. crude futures traded up 33 cents at $34.90 a barrel, having settled down 9 cents in the previous session.

"We've had another good week, the market has been toying with resistance around the $37.50…

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Tags: OIL, PRICE
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