Oil prices rose on Friday and were set for weekly gains as markets awaited an OPEC+ decision on supply agreements for the second quarter while also weighing fresh U.S., European and Chinese economic data.
Brent futures for May were up $2.24, or 2.73%, at $84.15 a barrel by 12:08 p.m. EST (1334 GMT). The April Brent futures contract expired on Feb. 29 at $83.62 a barrel.