Oil prices steady; set for weekly gain ahead of G20 talks, OPEC - Reuters

Oil prices steady; set for weekly gain ahead of G20 talks, OPEC - Reuters:

Oil prices were little changed on Friday and were on track for a second straight week of gains, ahead of talks over the trade dispute between the U.S. and Chinese presidents this weekend and on production cuts from OPEC on Monday.

Brent August crude LCOc1 futures were up 19 cents at $66.74 a barrel by 1:50 p.m. ET (1750 GMT), ahead of expiry. U.S. West Texas Intermediate (WTI) crude CLc1 futures were down 14 cents at $59.29 a barrel. The most active September Brent crude futures LCOU9 was down 16 cents at $65.51 a barrel.

Brent was on course for a gain of around 25% in the first half of 2019 and WTI for a 30% gain. Both contracts were also set to notch their second straight weekly gain.