Oil prices saw an uptick in trading on Friday, recovering from a drop the day before. This came after US President Donald Trump reiterated his plans to reduce energy costs in the United States.
US West Texas Intermediate (WTI) crude futures rose by 0.44%, reaching $70.92 a barrel, while spot contracts increased by 0.54%, hitting $74.69 a barrel.
In contrast, oil prices fell on Thursday. US crude contracts dropped to $70.61 a barrel, marking a 0.6% decline, while Brent crude contracts fell to $74.29 a barrel, down by 0.45%.
