 "oil, crude oil,")
Oil traded just below multi-year highs on Friday as Germany's chancellor and the US Federal Reserve chairman said that demand disruptions from Covid-19 may not be over.
Brent crude futures rose 76 cents, or 0.89%, to $85.36 a barrel at 2:14 p.m. EST (1714 GMT) after Thursday's three-year high of $86.10. The benchmark is set for its seventh weekly gain.
U.S. West Texas Intermediate (WTI) crude futures gained $1.13, or 1.4%, to reach $83.63 a barrel, not far off a seven-year high hit this week. The grade is heading for its ninth weekly rise.
"Supply is still very, very tight, the market is
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