LONDON—Brent oil futures dipped on Friday but held above $75 a barrel, remaining on track for weekly gains of more than 3 percent thanks to the slow recovery in output after two hurricanes in the U.S. Gulf of Mexico.
Brent crude futures fell 27 cents, or 0.36 percent, to $75.40 a barrel by 0838 GMT, erasing Thursday’s 21 cent gain.
