Brent crude settles higher on supply threats, posts weekly gain
NEW YORK, Jan 18 (Reuters) - Brent crude futures rose on Friday in choppy trading as geopolitical threats to supply, a possible deal to temporarily lift the U.S. debt ceiling and Chinese economic data supported oil prices.
Brent crude rose 79 cents, or 0.71 percent, to settle at $111.89 a barrel, having traded from $110.47 to $11.96.
For the week, Brent crude rose $1.25, or 1.1 percent.
(Reporting by Robert Gibbons)
NEW YORK, Jan 18- Brent crude futures rose on Friday in choppy trading as geopolitical threats to supply, a possible deal to temporarily lift the U.S. debt ceiling and Chinese economic data supported oil prices. Brent crude rose 79 cents, or 0.71 percent, to settle at $111.89 a barrel, having traded from $110.47 to $11.96.