Oil Logs Best Weekly Rise in a Month

Oil prices declined on Friday falling to keep a perfect score this week after rising for four consecutive sessions, thus limiting their weekly gains.

Brent crude futures for June delivery lost 17 cents, or 0.3%, to finish at $66.77 per barrel, registering a weekly rise of 6.1%.

Meanwhile, the West Texas Intermediate (WTI) crude futures for May delivery fell by 33 cents, or 0.5%, to close at $63.13 per barrel, rising by 6.4% for the week.

The week marked the best performance for both the global and the U.S. benchmarks since March 5, supported by positive expectations for demand recovery.