Brent crudeoil futures were at $74.93 per barrel at 0245 GMT, up 20 cents, or 0.3 per cent, from their last close.
A weaker dollar makes oil less expensive for buyers using other currencies.
Crude oil prices were in rally mode before the start of USA trading after signs of another drain on domestic oil and gasoline inventories.
Traders said the supply versus demand outlook for oil markets was relatively tight because of the looming U.S. sanctions against Iran, which will target oil exports from November.
"As the U.S. continues to mount pressure on its allies to prescribe to unilateral sanctions on Iran, Iran's major energy customers, including China and India, have indicated their defiance to the US's request", law firm Zaiwalla and Company Managing Partner said in a statement.
It will be tough for India to import crude oil from other sources with high import costs in the presence of weak Indian rupee. Saudi Arabia told Opec it cut supply in July, rather than increasing output as expected.
Still, a trade standoff between the USA and China that could imperil global economic growth and weaken energy demand continues to weigh on crude prices after negotiations in Washington this week failed to progress. At the beginning of August, oil prices started their longest weekly losing streak in three years.
Over the past four weeks, crude oil imports averaged 8.05 million barrels per day, 2.2 percent lower than the same four-week period previous year. USA light crude was 60 cents higher $68.43, heading for a gain of 3.8 percent this week.
Both oil benchmarks saw low liquidity during early trading on Friday.
The sufficient supply of West African crude cargoes has been limited by a slowdown in oil demand from Asia, having little to no effect on global oil prices.
Official government data from the Energy Information Administration is due Wednesday, and could show a 2 million barrel decline in crude stocks, according to a survey of oil analysts conducted by The Wall Street Journal.
Chinese ship owners are no longer accepting Iranian oil and its using its own tankers to supply oil to top USA customers as the impending American sanctions are expected to disrupt worldwide trade. It came second to the USA port district of Chicago, at 19 percent.
The Trump administration's proposed regulation is going to be available for public review and comment for 60 days. In the report , the EPA did not address the numbers previously reported regarding the Clean Power Plan .
None of the other Twitch Prime benefits - monthly channel subscriptions, monthly games , perks or chat badges - will be changing. Alternatively, users can pay an additional $8.99 United States dollars a month for ad-free viewing via Twitch Turbo .
As well as impressing his manager, Guendouzi believes Arsenal can impress everyone by winning the Premier League this season. I think Arsenal have not got anywhere near enough quality players to afford to have their highest-quality player frozen out.
Local authorities were urged by the ministry to fumigate areas where there are large concentrations of mosquitoes and/or larvae. Limit the number of places around your home for mosquitoes to breed by either draining or getting rid of items that hold water.
Juve, meanwhile, earned a tough 3-2 win at Chievo and will be hoping to have a more comfortable result this time around. During his time with Madrid, Ronaldo scored 450 goals in 438 games and helped them win the Champions League four times.
Nvidia on Monday officially rolled out its next graphics cards for PC gaming, the GeForce RTX family , starting at $499. The possibilities include deferred shading, and real-time transparency and translucency effects with objects in motion.
After a confident innings from the young wicket-keeper batsmen, Pant played a no shot to throw away his wicket . India ought to have made life miserable for England's openers, both of whom had been struggling for confidence.
But Macdonald says that's about to change, with wind and rain showers predicted for Friday in much of Alberta. Air quality across the Okanagan has improved in recent days, but smoky conditions are going to make a return.
The restriction tightened during the apartheid era, as the governing National Party created desolate "homelands" for black people. His tweet followed a piece on Fox News about South Africa's planned land reforms - and he tagged Fox News host Tucker Carlson .
The market response to the Times interview , however, suggests that Tesla without Musk might be a very different company. Shortly after that Tesla stock surged almost 11 percent from $342 to $379 per share.
Liverpool top after Salah goal sinks Brighton
Liverpool can not afford a slip-up at Anfield Road against a visiting Brighton team that are off to a great start. You have to learn from it and get stronger in the game and that we did".
Monster Hurricane Lane unleashes torrential rain on Hawaii
Landslides and flooding caused by the first rainstorm partially blocked several roads on Big Island, according to local media. Typically, an atmospheric wind pattern shifts the course of any storms heading towards Hawaii, acting like a force field.
Jennifer Lopez MTV VMAs 2018 Performance
The MLB All-Star was frequently spotted admiring Lopez as she went around doing interviews and taking solo pictures on the carpet. There was one posthumous victor : Avicii, who died in April, won for best dance for "Lonely Together" alongside Rita Ora.