Oil rises after falling on Trump comments on U.S.-China trade - Reuters:
Oil prices edged higher on Friday, after falling more than 1% following comments from U.S. President Donald Trump that he has not agreed to roll back tariffs on China.
Brent crude futures rose 22 cents to settle at $62.51 a barrel. West Texas Intermediate (WTI) crude rose 9 cents to settle at $57.24 a barrel.
Brent posted a weekly rise of 1.3%, while WTI gained 1.9%.
Prices pared losses in midday trade, after Brent reached a session low of $60.66 a barrel and WTI sank to $55.76 a barrel.
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