Oil prices rallied on Friday underpinned by optimism of an output freeze deal between OPEC and non-OPEC producers and signs of decreasing supply in the US.
WTI futures gained more than 6% on Friday to close at $39.72 a barrel, recording an 8.0% weekly gain. US crude futures gain more than 5% for second time this week after US Government reported a significant draw in stockpiles.
Brent benchmark rose 6.4% to $41.94 a barrel on Friday and posted a 8.5% weekly gain.
Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105
![How to Build Your EA Trading Portfolio in 2026: From Free Module to Funded Account [Step-by-Step]](https://c.mql5.com/6/994/splash-preview-767579.png "How to Build Your EA Trading Portfolio in 2026: From Free Module to Funded Account [Step-by-Step]")