Oil prices ticked higher on Friday, on track for a weekly gain, buoyed by strong economic growth and optimistic demand outlook. The global benchmark Brent crude was up 0.4%, trading at $67.87 per barrel, while US West Texas Intermediate (WTI) crude rose 0.3%, priced at $64.46 per barrel.
The oil market has seen a positive trend this week, supported by robust economic indicators from major economies. Economic growth figures released by the United States, as well as encouraging manufacturing data from Europe and China, have boosted investor sentiment.
