Agence France-PresseAugust 16, 2013 01:31
Oil prices rose in Asia on Friday, supported by concerns about turmoil in Egypt after a crackdown on protesters killed nearly 600 people nationwide, analysts said.
Investors are closely watching whether the latest unrest in Egypt will escalate and affect stability in the oil-rich and politically volatile Middle East region.
New York's main contract, West Texas Intermediate for delivery in September, was up 16 cents at $107.49 a barrel in afternoon trade.
Brent North Sea crude for October delivery was up 20 cents at $109.80.