Investing.com - Crude oil prices flipped on Friday, reversing falls in the morning as traders
closed short positions
Rises wre driven by short positions being closed ahead of Brent's expiry next
week
US crude was supported by strong gasoline demand as inventories fell last
week for the first time since early November
An increase in gasoline demand could indicate lower oil prices are supporting
demand
Oil's gains were capped amid persistent fears over a supply glut that has
pulled down prices by 70% since 2014