Oil prices edged higher but were heading for a weekly loss as uncertainty over de-escalating U.S.-China trade war tensions and the threat of oversupply cloud the picture.
Brent crude was up 0.2% at $65.76 a barrel and WTI rose 0.2% to $62.90 a barrel, but both remained down on the week.
The U.S. has signaled it is open to lower tariffs on China, which would be good for global growth and support oil demand, BMI analysts wrote.
www.barrons.com
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