Global oil prices are rising on Friday night as investors are evaluating the economic statistics from the U.S., according to trading data.

The price of June futures on Brent rose by 0.2% to $86.26 per barrel, while May futures on WTI crude oil rose by 0.41% to $82.5.

Oil prices are poised to show gains for the week. The price of Brent gained 1.31% on Monday while WTI gained 2.06%. Meanwhile, the past week may become the fourth week of consecutive growth in oil prices.

On Friday investors turned their attention to economic data from the USA, which was better than analysts’ expectations. Thus, the volume of industrial production in the country increased by 0.4% in March, though a 0.2% growth was expected; and according to the preliminary estimates, the Michigan Consumer Sentiment Index, which shows the degree of household confidence in the US economy, grew up to 63.5 points in April from March’s 62 points. It was expected to remain at the level of the previous month.

Also Friday evening, data was published by U.S. oilfield services company Baker Hughes on the number of active oil rigs in the U.S. That number fell by two to 588 rigs over the week through April 14.

Earlier, we reported that Citigroup forecasts Brent crude oil prices to fall below $80 a barrel.