Oil prices rose slightly on Friday and were on track for a weekly rise, spurred by expectations economic stimulus efforts will prompt a recovery in China, while a stronger dollar capped gains. Brent crude futures rose 14 cents to $73.

China's fiscal stimulus has provided some upward momentum for oil market, but questions still remain over the longevity of this movement.

Oil futures ended modestly lower Monday, extending a decline seen the previous week in response to a surging U.S. dollar and worries about the outlook for demand — particularly from China, the world’s largest crude importer.

Oil prices face bearish pressure in 2025 as rising supply outpaces demand. Analysts expect Brent to hold near $74, but risks of a drop below $50 persist.

Oil rose 1% on Friday and was on track for a weekly gain, spurred by expectations of a stimulus-driven economic recovery in China, the world's biggest oil importer, and by forecasts of lower U.S. inventories.

Crude oil prices climbed on Thursday as hopes for more Chinese government stimulus helped boost demand for the commodity.

Oil prices were headed for a weekly gain on Friday as optimism over demand recovery from China aided sentiments. Meanwhile, a drop in US crude oil inventories also boosted prices on Friday. “Geopolitical tensions also added uncertainty,

Oil on Thursday rose in thin holiday trade as investors looked for signs that China’s government will take more steps to stimulate the economy of the world's biggest importer of crude. Meanwhile, an report showed a decline in U.