Due to market digestion of supply risk concerns, oil prices rebounded on Friday.
New York February futures rose by $0.25 or 0.4% to $59.44. For the week, it increased by 1.4%.
Brent March futures rose by $0.37 or 0.6% to $64.13. For the week, it increased by 2%

Due to the market digesting concerns over supply risks, oil prices rebounded on Friday. New York February futures oil prices rose by $0.25 or 0.4% to $59.44, up 1.4% for the week. Brent March futures oil prices increased by $0.37 or 0.6% to $64.13, up 2% for the week

"Commodity" measures supply and demand outlook, Brent crude oil rises 2% this week