For the week, Brent crude gained 5.2%, rising for the 7th week in a row for the first time since December,
Gold futures were down 0.63% to trade around $1,690 an ounce. Gold prices dropped to their lowest since Jun. 8, 2020.
Brent Crude was up more than 4% trading around $67 a barrel.
Nigeria is hopeful that OPEC+ will agree to an increase in production.
The British-based oil contract, Brent crude surged by 0.46%, to trade at $62.99 a barrel, up from four days of losses.
Oil traders are becoming wary that OPEC+ will increase oil output and further distort the energy demand/supply dynamics.
Oil prices rose for a fourth straight month, despite its heavy plunge at the last trading session of the month.
The precious metal posted its worst monthly decline since 2016 as gold prices broke below the $1,750 support.
U.S. West Texas Intermediate (WTI) crude futures were down by 0.6%, to trade at $63.17 a barrel thereby giving up all of Thursday's gains.
At the time of writing this report, the blinky metal at the futures market was trading at $1,796.40 per ounce.
