Oil prices recover on hopes over US-Hungary meeting

Brent crude futures settled at US$63.63 a barrel, up 25 cents or 0.39%. US West Texas Intermediate crude finished at US$59.75 a barrel, up 32 cents, or 0.54%.

HOUSTON: Crude prices recovered from a midday dip on Friday on hopes Hungary can use Russian crude oil as US President Donald Trump met Hungary's Prime Minister Viktor Orban at the White House.

Brent crude futures settled at US$63.63 a barrel, up 25 cents or 0.39%. US West Texas Intermediate crude finished at US$59.75 a barrel, up 32 cents, or 0.54%.