LONDON :Oil prices rallied more than 4 per cent on Friday to reach their highest levels since October as traders focused on potential supply disruptions from more sanctions on Russia.Brent crude futures gained $3.50, or 4.6 per cent, to $80.42 a barrel by 1422 GMT, reaching $80 a barrel for the first time sin

LONDON :Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply disruptions from more sanctions on Russia. Brent crude futures gained $2.50, or 3.3 per cent, to $79.42 a barrel by 1248 GMT, reaching their highest in more than three months. U.S

LONDON :Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply disruptions from more sanctions on Russia and Iran. Brent crude futures gained $2.23, or 2.9 per cent, to $79.15 a barrel by 1130 GMT, reaching the highest level in three months.

LONDON :Oil prices surged on Friday and were on track for a third straight week of gains as traders focused on potential supply disruptions from more sanctions on Russia and Iran. Brent crude futures gained $2.23, or 2.9 per cent, to $79.15 a barrel by 1130 GMT, reaching the highest level in three months.