IANS | 17 Mar, 2018
Oil prices ended higher as US stocks market rebounded.
The West
Texas Intermediate for April delivery on Friday rose $1.15 to settle at
$62.34 a barrel on the New York Mercantile Exchange, while Brent crude
for May delivery added $1.09 to close at $66.12 a barrel on the London
ICE Futures Exchange, Xinhua reported.
US stocks ended higher on Friday as investors meditated on a batch of generally positive economic reports.
Analysts
said crude futures have moved in sync with equities consecutively for
the past 100 trading days, the longest such stretch in two years.