Business
Oil Prices Extend Their Rally
Benchmark U.S. oil futures added 6.9%, or $5.59 a barrel to end the week at $87.06. They’ve traded higher for six consecutive sessions, 11 of the past 12 and are now about 37% higher than a year ago.
Brent crude futures, a global price gauge, rose Friday to settle at $94.39 a barrel.
The U.S. average retail price of a gallon of regular unleaded gasoline ended the week at about $4.10, according to Dow Jones Energy. National average diesel prices pushed closer to their May highs, hitting $5.57 a gallon on Friday.
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