Oil prices rose on Friday after Federal Reserve meeting minutes indicated that inflation was under control.
Lower interest rates reduce consumer borrowing costs, which can boost economic oil demand along with growth.
Brent crude futures rose 0.5% to $77.96 per barrel, while West Texas Intermediate (WTI) futures rose 0.7% to $72.69.
Meanwhile, US Secretary of State Antony Blinken's visit to the Middle East to prevent escalation of the conflict between Israel and Gaza may contain rising prices.
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