In the early morning of the 27th Beijing time, crude oil futures prices closed higher on Friday. Oil prices were supported by concerns about the tense situation in the Middle East, breaking away from the previous two consecutive weeks of decline.
West Texas Intermediate (WTI) futures for June delivery on the New York Mercantile Exchange rose 28 cents, or 0.34%, to close at $83.85 a barrel.
Brent crude oil futures for June delivery on the European Intercontinental Exchange rose 49 cents, or 0.55%, to close at $89.50 a barrel.
U.S. crude oil rose 0.85% this week, while Brent crude oil, the benchmark for global crude oil prices, rose 2.53%. Both had previously recorded declines for two consecutive weeks.