Oil prices rose 2 percent for the third day in a row on Friday, with Brent crude hitting $ 113 a barrel amid concerns over "black gold" supply and global economic growth.
Brent crude was up 2,13% at $ 113,26 a barrel, while US WTI crude was up 2,10% at $ 110,5 a barrel.
Oil prices are on the rise for the second week in a row amid worries about global oil supplies amid the EU's intention to phase out Russian oil, outpacing concerns about a blow to global economic growth.