home Finance, Headline News, Oil Prices Friday’s rally was the 14th-biggest one-day gain for crude oil ever

Friday’s rally was the 14th-biggest one-day gain for crude oil ever

Friday saw a historic rally for crude oil.

West Texas Intermediate crude oil prices rose 12.3% on Friday to settle at $29.44 in the 14th-largest one-day rally, according to data from Strategas.

The 16th-largest one-day gain had come just a few weeks ago, with an 11% spike on January 22, in what has been a haywire year and a half for oil prices.

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