Brent for January settlement rose 0.3% to $87.10 a barrel at 6:28 a.m. in London.
Oil was set for a second weekly loss as the Israel-Hamas war remained contained and clouds appeared on the demand horizon.
There are still risks the conflict could spread and affect oil markets, however. Iran-backed Houthi rebels in Yemen have launched rockets and drones at Israel, while Saudi Arabia’s military is also clashing with the militant group.
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