Oil prices settled higher Friday as a weaker greenback made the dollar-denominated oil more attractive for holders of other currencies.
The U.S. dollar decreased against most other major currencies on Friday as investors meditated on a batch of mixed economic reports.
The dollar index, which measures the greenback against six major peers, was down 0.36 percent at 97.241 in late trading Friday.
On the data front, the number of rigs operating in U.S. fields increased by 11 to 758 this week, marking the 23rd consecutive weekly increase, oilfield service company Baker Hughes reported Friday.
The West Texas Intermediate for August delivery increased 0.27 U.S. dollar to settle at 43.01 dollars a barrel on the New York Mercantile Exchange, while Brent crude for August delivery added 0.32 dollar to close at 45.54 dollars a barrel on the London ICE Futures Exchange.
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