Oil Futures Rise for a Fourth Weekly Gain on a Weaker Dollar

Oil Futures Rise for a Fourth Weekly Gain on a Weaker Dollar
An oil pump jack pumps oil in a field near Calgary, Canada, on July 21, 2014. Todd Korol/Reuters
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LONDON—Oil futures rose on Friday on course for a fourth weekly gain boosted by supply constraints and a weaker dollar.

Brent crude futures rose $1.16, or 1.4 percent, to a two-and-a-half-month high of $85.63 a barrel at 1125 GMT. U.S. West Texas Intermediate crude gained $1.06, or 1.3 percent, to $83.18.