21/09/2018
SEOUL (Reuters)
Oil futures rose on Friday amid concerns about supplies as sanctions against Iran's crude exports approach.
Global Brent crude for November delivery rose 26 cents, or 0.33 percent, to reach $78.96 a barrel by 0647 GMT.
West Texas Intermediate crude for delivery in October rose seven cents, or 0.10 percent, to reach $70.39 a barrel.
OPEC is scheduled to meet with allies on Sunday in Algeria to discuss how to allocate production increases to compensate for the shortfall in Iranian supplies due to US sanctions.
