LONDON—Oil prices edged higher on Friday, and were headed for a gain of 2 percent for the week, driven by tight U.S. supply and expectations of strong fuel demand in China during the Golden Week holiday.
Front-month Brent November futures were up 42 cents, or 0.44 percent, to $95.80 per barrel at 0943 GMT, ahead of the contract’s expiry later in the day. The more-liquid Brent December contract was up 33 cents, or 0.35 percent, at $93.43 per barrel.