LONDON–Oil futures were broadly stable on Friday, but were poised to end the week up, ahead of a meeting by the Organization of the Petroleum Exporting Countries and its allies (OPEC+) on Sunday and an EU ban on Russian crude oil kicking in on Monday.
Brent crude futures were up 14 cents, or 0.2 percent, at $87.02 per barrel by 1008 GMT. U.S. West Texas Intermediate (WTI) crude futures inched up 5 cents, or 0.1 percent, to $81.27 per barrel.
Both Brent and WTI had dipped earlier in the session, but were on track for their first weekly gains—the biggest in two months at around 4 percent and 6 percent, respectively—after three consecutive weeks of decline….