Crude oil futures ended slightly higher on Friday following reports the U.S. is planning to strike Venezuela's military installations, which overshadowed the concerns about OPEC’s production hike for December. Further, a stronger dollar and data showing weak factory activity in China weighed on crude oil prices ahead of OPEC+ meeting to discuss output policy.
Benchmark crude oil futures for December gained $0.41 or 0.68% at $60.98 a barrel on the New York Mercantile Exchange. Brent crude for December delivery rose $0.07 or 0.11% to settle at $65.07 a barrel on London's Intercontinental Exchange.
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