Oil price settles up but posts second consecutive weekly decline Posted on March 19, 2022 by cngpump Brent crude futures settled up $1.29, or 1.2%, to $107.93 a barrel, a day after surging nearly 9% in the biggest daily percentage gain since mid-2020. Related posts: Crude oil prices fall, continuing downward trend from last week Crude oil price extends losses; Russia to fulfil supply contracts Oil futures open higher on IEA warning on Russian supplies Oil firms amid supply worries, but heads for sharp weekly decline Oil price falls below $100, eases pressure on oil marketing companies Oil jumpy as US weighs Russia oil embargo without allies Global crude oil prices extend losses ahead of Fed meeting Oil price falls 5 per cent, cools down from Russian oil shock rally Crude oil futures gain on spot demand India indicates readiness to release more oil reserves