Crude oil prices rose in early Asian trade on Friday for the first time in seven days as markets took a breather from concerns about the impact of Britain's possible exit from the European Union.

Brent crude futures were up 38 cents, or 0.8 %, at $47.57 a barrel at 0143 GMT after slumping 3.6 % in the previous session. The contract is on track to fall more than 5.5 % for the week.

U.S. West Texas Intermediate crude futures rose 27 cents, or 0.6 %, at $46.48. The contract fell 3.8 % in the previous session and prices are down more than 5 % so far this week.