How much further will energy prices rise in the US?
Lipow Oil Associates president Andy Lipow predicts the cost of energy prices in the U.S. over the course of the year on ‘Fox Business Tonight.’
Oil prices were trading higher Friday morning as the outlook for demand is still a concern due to China's COVID-19 lockdowns.
U.S. West Texas Intermediate crude gained 95 cents to $106.37 a barrel after settling 3.3% higher on Thursday.
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Brent futures rose 20 cents to $107.79 a barrel after gaining 2.1% in the previous session.