Oil prices extend recovery rally to cap volatile week



Oil prices increased on Friday, extending their rally due to production disruptions in the U.S. Gulf of Mexico caused by Hurricane Francine, which led to the evacuation of platforms before the storm reached the Louisiana coast.

Brent crude futures were up by 34 cents, or 0.5%, reaching $72.31 per barrel by 0016 GMT. U.S. West Texas Intermediate crude futures gained 38 cents, or 0.6%, to $69.35 a barrel.

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