Brent crude settled up US$1.66, or 1.9%, at US$88.49 a barrel, while the US West Texas Intermediate crude (WTI) rose US$1.39, roughly 1.7%, to US$85.02.
SINGAPORE: Oil prices rose on Friday to their highest in over half a year and snapped a two-week losing streak, buoyed by expectations of tightening supplies.
Saudi Arabia is widely expected to extend a voluntary one million barrel per day oil production cut into October, prolonging supply curbs engineered by the Organisation of the Petroleum Exporting Countries (Opec) and allies, known collectively as Opec+, to support prices.
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