Although the optimism was somewhat offset by higher supply expectations from Iran and OPEC+, oil prices rose slightly on Friday, heading for a second consecutive weekly increase thanks to the easing of trade tensions between the United States and China.

Brent crude oil futures rose by 29 cents, or 0.5%, to $64.82 per barrel at 10:54 GMT, while American West Texas Intermediate crude futures rose 27 cents, or 0.4%, to $61.89 GMT, while American West Texas Intermediate crude futures rose 27 cents, or 0.4%, to $61.89 GMT. Both contracts fell by more than 2% in the previous session due to the prospect of an Iranian nuclear deal, which could lead to more barrels being placed on the global market