Oil prices rose on Friday amid concerns that the United States could disrupt Venezuelan tanker supplies, but fell for a second consecutive week on growing speculation about an oversupply.
Brent futures climbed 1.1% to settle at $60.47 per barrel, while U.S. West Texas Intermediate (WTI) crude rose 0.93% to $56.52. Despite Friday’s gains, both benchmarks were down about 1% for the week, following losses of roughly 4% last week.

Oil prices climbed nearly 1% on Friday to their highest level in two weeks, supported by growing expectations of a U.S. Federal Reserve rate cut next week and by ongoing tensions in Ukraine and the Caribbean and geopolitical uncertainty that could tighten supply from Russia and Venezuela.
Brent futures rose 0.8% to settle at $63.75 per barrel, while U.S. West Texas Intermediate (WTI) crude gained 0.7% to close at $60.08.

Oil prices slipped about 1% on Friday to a one-month low, weighed down by reports that Ukrainian President Volodymyr Zelensky has agreed to work with Washington on a peace plan with Russia. At the same time, ongoing uncertainty over U.S. interest rates has further dampened investor risk appetite.
Brent futures dropped 1.3%, to settle at $62.56 per barrel, while U.S. West Texas Intermediate (WTI) crude fell 1.6%, to $58.06. Both benchmarks declined roughly 3% for the week, marking their lowest settlement levels since October 21.

Oil prices ended more than 2% higher on Friday as markets reacted to renewed Ukrainian drone attacks on Russia’s energy infrastructure.
Brent crude futures climbed $1.38 to settle at $64.39 a barrel, while U.S. West Texas Intermediate (WTI) finished $1.40 higher, at $60.09. For the week, Brent gained 1.2%, and WTI recorded an increase of about 0.6%.

Although oil prices edged up slightly on Friday, but weak factory activity in China, a stronger U.S. dollar, U.S. denials of an attack on Venezuela, and reports that OPEC+ plans to add more barrels to production in December all combined to push oil prices lower for the third consecutive month.
Brent crude futures settled at $64.77 per barrel, up 0.62%, while U.S. West Texas Intermediate crude ended Friday’s session at $60.98 per barrel, up 0.68%.

Oil prices posted modest gains on Friday but were on track for a weekly loss of nearly 3%, after the IEA projected a growing supply glut and U.S. President Donald Trump and Russian President Vladimir Putin agreed to hold another meeting to discuss Ukraine. Brent crude futures settled at $61.29 a barrel, up 23 0.38%. U.S. West Texas Intermediate(WTI) futures finished at $57.54 a barrel, up 0.14%.

Brent and U.S. crude futures dropped more than $2 per barrel to $62.73 on Friday, U.S. West Texas Intermediate (WTI) crude also settled at $58.90 per barrel, down 4.24%, marking its lowest level since early May as President Donald Trump’s threat to raise tariffs on China darkened the demand outlook in an already oversupplied market.

Crude oil prices were heading for their sharpest drop in four months after reports suggested that OPEC+ planned to extend its production increase for another month during its upcoming Sunday meeting.
Brent crude traded at $64.53 per barrel, while West Texas Intermediate stood at $60.88 per barrel.

Oil prices fell on friday as concerns over abundant supply and weakening demand outweighed hopes that the U.S. Federal Reserve’s first interest rate cut of the year would spur greater consumption but remained steady over the week.
Brent crude futures closed at $66.68 a barrel, down 1.1%. U.S. West Texas Intermediate (WTI) crude settled at $62.68 a barrel, a decline of 1.4% on friday. Both benchmarks rose for a second consecutive week.