Oil prices saw a spike as Middle East conflicts disrupted supply routes.
Oil prices hit their highest level in nearly a year on Friday, gaining 8 percent on the week.
Benchmark Brent crude oil futures rose as high as $33.05 a barrel on Friday on rising hopes of a new global deal to cut global crude supply.
Oil prices saw a spike as Middle East conflicts disrupted supply routes.
Oil prices hit their highest level in nearly a year on Friday, gaining 8 percent on the week.
Benchmark Brent crude oil futures rose as high as $33.05 a barrel on Friday on rising hopes of a new global deal to cut global crude supply.