Crude oil futures inched higher on Friday, supported by a surprise drop in U.S. oil inventories and simmering Middle East tensions, but prices were headed for their biggest weekly loss in more than a month on worries of lower demand.

Republican U.S. presidential candidate Donald Trump said he received a call from Apple (NASDAQ:AAPL) CEO Tim Cook over concerns about the financial penalties that have been imposed by the European Union on the iPhone maker. 

Don't miss anything happening in the world of crypto with U.Today's top three news stories over the past day.

U.S. stock index futures pointed mostly higher on Thursday after Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) -- the world’s biggest contract chipmaker -- posted a stronger-than-expected third-quarter profit on Thursday that was driven by sustained demand from the artificial intelligence

Finally confirming a significant breakout above $67,000, Bitcoin (BTC) may be about to experience a change in momentum. BTC looks to be gaining significant strength, and traders are beginning to focus on the next important price levels as On-Balance Volume (OBV) confirms the breakout across Binance

Oil prices were broadly flat on Thursday as investors waited on developments in the Middle East, the release of official U.S. oil inventory data and details on China's stimulus plans.