Oil prices edged up on Friday and were set to end the week modestly higher as markets awaited an OPEC+ decision on supply agreements for the second quarter amid differing demand indicators key consumers U.S. and China.
Brent futures for May climbed 27 cents, or 0.33%, to $82.18 a barrel by 0403 GMT, while U.S. West Texas Intermediate (WTI) for April rose 20 cents, or 0.26%, to $78.46.
WTI is on track for at least a 2.5% increase this week, while Brent is holding near last week’s settlement price. Brent has hovered comfortably above the $80 mark for three weeks.
