Rising US Oil Prices

Media iN / Washington 03-05-2019
Oil futures rose slightly in today’s trading amid fears of a drop in supplies in the markets as a result of US sanctions on Iran and Venezuela as demand for crude rose as the US labor market improved more than expected.
West Texas Intermediate crude <LCOc1> rose $ 0.13 to $ 61.94 a barrel in June.
The price fell yesterday by 2.8 percent.
US oil ended the week with a 2.2 percent decline compared with the end of last week, the second consecutive weekly decline.