© Lucy Nicholson / Reuters
Crude edged higher on Friday, but prices remain near November lows, as rising US output is countering production cuts agreed to by OPEC members.
North Sea Brent crude was trading at $47.30 per barrel at 09:25 GMT. US benchmark West Texas Intermediate rose 0.56 percent, trading at $44.71 per barrel.
Slight increases were prompted by a partial export halt in Libya, according to traders quoted by Reuters.
However, prices are still down by nearly 13 percent since May 25, when the Organization of the Petroleum Exporting Countries (OPEC), Russia, and other oil producers agreed to extend production cuts.
The agreement to curb output by 1.8 million barrels per day (bpd) has been prolonged through March 2018.
Comment: And here are some more German and French politician reactions: