Brent crude edged above $109 a barrel on Friday as stakeholders expressed concerns over a prolonged US Government shutdown.
The shutdown was triggered by a row over state spending were offset by a tropical storm curbing supply in the Gulf of Mexico.
The US Gulf basin provides nearly a fifth of daily US oil output.
Energy companies in the Gulf of Mexico started shutting in production and evacuating some workers on Thursday.
The US shutdown, now in its fourth day, was expected to hurt demand in the world’s largest oil consumer as nearly a million government workers are home without pay.
But with energy companies shutting in production as Tropical Storm Karen headed towards the gulf basin, supply disruptions supported prices.
Brent crude rose from 25 cents to $109.25 after settling 19 cents lower in the previous session.
Reuters/NAN.
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