U.S. crude nudged up to hover around $51 a barrel on Friday, set to post the first weekly gain in three, as geopolitical tensions in the Middle East supported oil.
Libya's warring factions held United Nations-backed talks on Thursday after deteriorating security forced the OPEC state to declare force majeure and halt production at 11 oilfields late on Wednesday.
Iran's foreign minister on Thursday suggested that a 10-year moratorium on some aspects of the country's nuclear program might be acceptable to Tehran, though he declined to discuss the issue in detail.
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