Oil prices rise, set to end 2-week losing streak
Crude prices inched higher Friday as the Russia-Ukraine war showed no signs of resolution. Brent rose 8 cents to $67.75/barrel and WTI gained 0.1% to $63.62. Both are on track for weekly gains after two straight weeks of losses. Prices were supported by U.S. inventory drawdowns and fading hopes of ceasefire, while traders await Fed Chair Powell's Jackson Hole speech for rate cues.