Crude futures settle higher

Oil prices climbed on Friday.

The West Texas Intermediate for February delivery gained 1.36 U.S. dollars, or 2.35 percent, to settle at 59.12 dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery added 1.35 dollars, or 2.18 percent, to settle at 63.34 dollars a barrel on the London ICE Futures Exchange.

Crude futures settle higher

Oil prices rose on Thursday.

The West Texas Intermediate for May delivery increased by 11.42 U.S. dollars, or 11.41 percent, to settle at 111.54 dollars a barrel on the New York Mercantile Exchange. Brent crude for June delivery went up 7.87 dollars, or 7.78 percent, to settle at 109.03 dollars a barrel on the London ICE Futures Exchange.

Crude futures settle higher