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U.S. Crude Benchmark Advances 5.02% to Reach $102 Per Barrel

WTI’s earlier Friday reading was $101.567 a barrel, up 2.11%, at 8:12 a.m. ET (12:12 UTC).

Updated 1 min read
Crude storage tanks and connecting pipelines stand at the Cushing hub in Oklahoma. / EconoTimes.ai (mono)
Crude storage tanks and connecting pipelines stand at the Cushing hub in Oklahoma. / EconoTimes.ai (mono)

A 5.02% intraday rise brought WTI futures to $102 per barrel Friday.

West Texas Intermediate (WTI) crude futures recorded the intraday gain. An earlier EconoTimes reading showed WTI at $101.567 a barrel, up 2.11%, at 8:12 a.m. ET (12:12 UTC), in its Friday morning snapshot.

Oil prices are one factor in wider discussions about inflation and appetite for risk, themes that crypto traders also follow. Crude prices can inform broader macro discussion relevant to crypto markets, but this move alone offers no directional signal for digital assets.

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