Oil prices climbed 1 percent on Friday ahead of long U.S. and UK holiday weekends, but were on track for their biggest weekly drop of the year, pressured by rising inventories and worries about the global economy. Brent crude rose 68 cents, or 1 percent, to $68.44 a barrel by 1:21 p.m. ET (1721 GMT) but the global benchmark remained on course for a weekly decline of about 5%. U.S. West Texas Intermediate crude rose 59 cents, or 1 percent, to $58.50 a barrel. It was on track for a weekly decline of more than 6%, its steepest since December. U.S. crude inventories are the highest since July 2017 [EIA/S], with worries about escalation of the U.S.-China trade conflict also pressuring prices. U.S. refinery […]