January 18, 2013 / 8:16 PM / in 5 years

Brent crude settles higher on supply threats, posts weekly gain

NEW YORK, Jan 18 (Reuters) - Brent crude futures rose on Friday in choppy trading as geopolitical threats to supply, a possible deal to temporarily lift the U.S. debt ceiling and Chinese economic data supported oil prices.

Brent crude rose 79 cents, or 0.71 percent, to settle at $111.89 a barrel, having traded from $110.47 to $11.96.

For the week, Brent crude rose $1.25, or 1.1 percent. (Reporting by Robert Gibbons)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below