Oil climbs even as weaker demand concerns cap gains
Oil prices firmed in early trade on Friday but were headed for their first weekly losses in three weeks as worries about inflation and China`s COVID lockdowns slowing global growth outweighed concerns about dwindling fuel supply from Russia
Brent crude futures were up 97 cents, or 0.9%, at $108.42 a barrel at 0008 GMT, while U.S. West Texas Intermediate (WTI) crude futures climbed $1.00, or 0.9%, to $107.13 a barrel.