Investing.com - Crude oil futures edged higher on Friday, but gains were expected to remain limited as ample supplies overshadowed concerns over potential disruptions in the Middle East.
On the New York Mercantile Exchange, crude oil for delivery in November traded at $92.77 a barrel during European early afternoon trade, down 0.26%.
Prices fell 0.29% on Thursday to settle at $92.53.
Futures were likely to find support at $91.12 a barrel, the low from September 24 and resistance at $93.54, Thursday's high.
Oil prices found some support after air and missile strikes were said to have hit oilfields in eastern Syria in an apparent attack by U.S.-led forces against Islamic State militants.
But possible concerns over supply disruptions were overshadowed by strong global production as Libya ramped up output amid slowing economic growth in Europe and China.
In addition, Saudi Arabia, the world's largest oil exporter, said on Thursday that it pumped 9.597 million barrels of oil per day in August.
Although that was down by 408,000 bpd from around 10 million bpd in July, the amount of crude supplied to the market reportedly rose to 9.688 million bpd in August.
Elsewhere, on the ICE Futures Exchange, Brent oil for November dipped 0.05% to trade at $96.96 a barrel, with the spread between the Brent and crude contracts standing at $4.19 a barrel.