Oil prices rose on Friday, but pared gains ahead of the close, as the market remained on edge about potential oversupply despite signs that Iran sanctions could curb output and that a trade war may not curb China’s appetite for U.S. crude. “In the near term we’re still fairly well supplied,” said John Kilduff, a partner at Again Capital Management in New York. Brent crude oil LCOc1 rose $1.01 a barrel to $75.73 by 1:57 p.m. EDT [1757 GMT] after earlier touching a high of $76.42. U.S. crude CLc1 was 83 cents higher at $68.66. U.S. crude was set to be up more than 4.2 percent on the week, after seven consecutive declines, and Brent was on track for a 5.5 percent rise […]