Oil scores biggest two-week price surge in 17 years (Video)

After months of declines, global oil prices saw back-to-back weeks of increases.

As of midday Friday, crude prices — bolstered in part by cuts in production — were on track to score their biggest two-week gain in 17 years.

But prices are still about half what they were in mid-2014.

• For more, watch the Bloomberg video above.