Brent crude futures settled at US$74.66 a barrel, up 37 cents, or 0.5%. US West Texas Intermediate crude finished at US$71.00 a barrel, up 39 cents, or 0.55%.
HOUSTON: Oil prices finished with daily gains on Friday after new sanctions were imposed on Iran's crude exports but prices were down for the week as investors worried about US President Donald Trump's renewed trade war on China and threats of tariffs on other countries.
Brent crude futures settled at US$74.66 a barrel, up 37 cents, or 0.5% and poised to fall more than 2% this week. US West Texas Intermediate crude finished at US$71.00 a barrel, up 39 cents, or 0.55%.
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