SINGAPORE: Oil prices rose on Friday, poised to end three weeks of decline, buoyed by rising fuel demand and expectations that U.S. plans for global reciprocal tariffs would not come into effect until April, giving more time to avoid a trade war.
Brent futures were up 44 cents, or 0.6%, at $75.46 a barrel by 0755 GMT, while U.S. West Texas Intermediate (WTI) crude gained 37 cents, or 0.5%, to $71.66. For the week, both contracts were headed for gains of about 1%.
