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Oil prices mostly rose over 2% on Friday after energy firms posted positive earnings and US data showed crude output was declining while fuel demand was growing.
If crude stocks decline as projected, it will signify revival in crude oil demand in US, the world's top oil consumer, supporting prices - Anadolu Ajansı
On Wednesday, larger-than-expected draw in US oil inventories signals recovery in US oil demand - Anadolu Ajansı
Early signals of weaker demand and recession fears have ended the ongoing rally in crude oil futures, with WTI losing more than $6 week-on-week
![WTI Oil futures on a slippery slope again [Video] - Vimarsana News](https://editorial.fxstreet.com/images/Markets/Commodities/Energy/Oil/oil-flows-out-of-barrel-20436219_Large.jpg)
WTI oil futures returned to losses after a whopping continuous 24% rally during the previous four weeks, which lifted the price up to an almost five-m