Oil Updates — Crude settles higher; Yellen says India can buy Russian oil outside price cap 

RIYADH: Oil prices settled higher on Friday but fell week-on-week after health authorities in China eased some of the country’s heavy COVID-19 curbs, raising hopes for improved economic activity and demand in the world’s top crude importer. 

Brent crude futures settled up $2.32 at $95.99 a barrel, extending a 1.1 percent rise from the previous session but falling 2.6 percent on the week.