Oil up on strong economic data; U.S.-China tensions cap gains - Reuters

Oil up on strong economic data; U.S.-China tensions cap gains - Reuters:

Oil prices rose on Friday, lifted by some supportive economic data, but tensions between the United States and China limited gains.

Brent crude futures LCOc1 rose 3 cents to settle at $43.34 a barrel. U.S. West Texas Intermediate (WTI) crude CLc1 futures rose 22 cents to settle at $41.29 a barrel.

For the week, Brent rose 0.5%, while U.S. crude rose 1.7%.

Ahead of the weekend, market participants had their eye on Tropical Storm Hanna, forecast to cross to Baffin Bay, 46 miles (74 km) south of Corpus Christi, Texas, on Saturday afternoon or evening.