Oil edged higher in a session marked by choppy trading and dwindling liquidity as a mixed fundamental picture dueled with negative sentiment from broader markets.
Oil edged higher, rebounding from a three-week low, as traders weighed rising geopolitical risks against hawkish comments from Federal Reserve Chair Jerome Powell.
Oil rose for the fourth straight week, supported by signs of a tightening global market that have the International Energy Agency warning of higher prices ahead.