WTI crude prices hit $28.5 a barrel on Friday, the highest since April 3rd, amid a rise in Chinese demand as the economy emerges from lockdown. In April, China processed a total of 53.85 million tonnes of crude oil, equivalent to about 13.1 million barrels per day and higher than 11.78 million barrels per day in March, official data showed. Meanwhile, Brent prices hit $32.4 a barrel, the highest since April 14th. The US crude is on course for a third consecutive week of gains as production cuts in some of the world’s top producers along with plans to relax lockdowns offered some relief to oil markets.