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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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.