(MENAFN- ProactiveInvestors)
West Texas Intermediate soared over 12% on Friday to US$29.44 a barrel.
This was its best day since gaining 14% in February 2009.
Brent rallied 9.4% to US$32.89 a barrel.
But crude had lost around 14% over the previous four trading days.
Oil has slumped around 75% since mid-2014.
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