Oil drilling rigs
Oil prices rose on Friday after the US and Iran agreed to hold further discussions next week, following a round of talks on Feb. 26. 
Iran said the latest negotiations in Geneva showed good progress, while a source familiar with the U.S. position told Bloomberg that American officials left the meeting disappointed. Both sides agreed to meet again in Vienna next week.
April Brent crude futures — expiring today, Feb. 27 — rose 1.98%, or $1.40, to $72.15 a barrel as of 2:17 pm KSA time. The more active May contract gained 1.9% to $72.19.
April US crude futures advanced 2.21%, or $1.44, to $66.65 a barrel, though they remain on track for a weekly loss.
Markets are also closely watching the OPEC+ alliance meeting scheduled for Sunday to decide April production policy.
Oil drilling rigs
Oil prices rose on Friday after the US and Iran agreed to hold further discussions next week, following a round of talks on Feb. 26.
Iran said the latest negotiations in Geneva showed good progress, while a source familiar with the U.S. position told Bloomberg that American officials left the meeting disappointed. Both sides agreed to meet again in Vienna next week.
April Brent crude futures — expiring today, Feb. 27 — rose 1.98%, or $1.40, to $72.15 a barrel as of 2:17 pm KSA time. The more active May contract gained 1.9% to $72.19.
April US crude futures advanced 2.21%, or $1.44, to $66.65 a barrel, though they remain on track for a weekly loss.
Markets are also closely watching the OPEC+ alliance meeting scheduled for Sunday to decide April production policy.
