oil prices higher on Friday and was on course to end the week higher on a weaker US dollar and expectations of tight supply in crude oil markets.

Brent, the benchmark for two-thirds of the world’s oil, was trading up 2.41 percent at $97.08 a barrel as of 1:40 p.m. UAE time. West Texas Intermediate, the indicator for US crude, rose 2.91 percent to $90.74 a barrel.

The US Dollar Index, a measure of the greenback’s value against a weighted basket of major currencies, fell 0.3 per…

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