Oil prices rose by around 1 per cent on Friday as investors weighed a tight prompt market against a potential large surplus this year forecast by the IEA, while US tariffs and possible further sanctions on Russia were also in focus.
Brent crude futures were up 76 cents, or 1.11 per cent, at $69.40 a barrel as of 1153 GMT. US West Texas Intermediate crude ticked up 82 cents, or
