Oil prices were little changed early on Friday after rising more than 3% in the previous session, as trade tension between top oil consumers U.S. and China showed signs of easing and Britain announced a "breakthrough" trade deal with the United States.

WTI crude oil futures ended the week with a 2.78% gain, closing at $59.91, driven by optimism over U.S.-China trade talks and signs of tightening inventories.