Oil price rose to a new height on Friday, there was a sharp rise in Brent barrels which rose above $50 a barrel since March. This phenomena can be seen due to starting the process of vaccination distribution in various countries. Brent was up 11 cents or $50.36 a barrel and U.S. oil was up 14 cents or $46.92 a barrel, having gaining a rise of 3% in the previous session.