Brent crude futures surged over 4%! Chevron and Occidental Petroleum both rose over 2%, and Goldman Sachs emphasized that oil demand will expand due to the cold winter.

On Friday, influenced by the decline in USA Crude Oil Product inventories, the international crude oil price benchmark—Brent Futures price rose by over 2%, breaking through $78.5 per barrel.

Zhitong FinanceJan 10 22:38

Oil Is Trading Higher Following Reports Suggesting the US Is Preparing Sanctions Against Russian Oil and Gas.

Benzinga03:48

February WTI Crude Oil Contract Closes Up US$2.65; Settles at US$76.57 per Barrel

MT Newswires03:34

U.S. Rig Count Drops by 5 After Three Straight Flat Weeks, Baker Hughes Says

Seeking Alpha03:10

U.S. Baker Hughes Oil Rig Count -2 To 480; U.S. Baker Hughes NatGas Rig Count -3 To 100

Benzinga02:03

Wall Street Tumbles On Blowout Payrolls, Oil Rallies To $76, US Dollar Hits 26-Month Highs: What's Driving Markets Friday?

Benzinga01:59