Brent crude settled up US68 cents a barrel at $42.19. U.S. crude settled at $39.75, up 91 cents. U.S. crude rose 8.7% this week, while Brent is up 9%.
NEW YORK: Oil prices rose on Friday but pulled back sharply from early highs on concerns that continued spread of the novel coronavirus could stall the United States' economic rebound.
Crude benchmarks followed other assets lower, pulling back from session highs after Boston Federal Reserve President Eric Rosengren said more fiscal and monetary support for the U.S. economy will likely be needed.
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