Now oil is rising sharply again. The “news” (propaganda) on the economy yesterday was all negative and scary. Nearly seizing the western economy and realizing their mistake, the masters of the universe reversed the propaganda today. We’re in a recovery! ;-)
I’d categorize it more as holding steady. WTI rose slightly and Brent Crude fell slightly on Friday after dropping about $10/bl each on Thursday.
Not to suggest the “masters” are asleep at the switch. They probably felt it was time for some profit-taking.