Energy Commodities Rally: Oil Nears $60, Natural Gas Jumps Above $3 ...Middle East

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Energy Commodities Rally: Oil Nears $60, Natural Gas Jumps Above $3
source : OILPRICE ( Middle East ) () 10
Oil prices were closing in toward $60 a barrel early on Friday, set for the biggest weekly gain since October, while the U.S. natural gas price jumped above $3 per million British thermal units (MMBtu) as a cold snap sweeps across the United States. As of 9:14 a.m. ET on Friday, WTI Crude prices were up 1.30 percent at $57.02, while Brent Crude was trading at $59.60 per barrel, up 1.22 percent on the day and nearing the $60 threshold.    Supported by a tightening market and increased risk appetite, oil prices were on track on Friday to…

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