Oil hits fresh 7-year highs on supply concerns | Reuters
Oil prices reached seven-year highs on Friday as geopolitical tensions continue to raise supply concerns.
Brent crude futures were up $1.91, or 2.1%, at $91.25 a barrel by 1436 GMT, having hit $91.41 on Friday for their highest since October 2014.
U.S. West Texas Intermediate (WTI) crude futures rose $1.83, or 2.11%, to $88.44 a barrel. WTI also reached a fresh seven-year high of $88.76 earlier in Friday's session.
Both Brent and WTI are on track for their six-weekly gain in what would be the longest run of weekly gains since October.
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