NEW YORK -- Crude-oil futures in New York ticked higher at Friday despite growing pressure from the dollar as traders began assessing the week's sell-off as overzealous.

Oil's declines came amid a broad-based sell-off this week in a range of commodities. While crude futures managed to overcome losses by Friday's settlement, increases in the dollar continued to weigh on precious metals futures, including gold, silver, platinum and palladium.

U.S. commercial oil stocks reached more than a three-year high in government data this week, at one point knocking more than $4 a barrel off the price of crude. Gains in the dollar against other major currencies this week also fed the downslide. Crude futures, denominated in dollars, often move inversely to the dollar.

"This may have been a little bit oversold," said Scott Meyers, senior trading analyst for New York brokerage Pioneer Futures Inc. "Ending positive could possibly serve as a catalyst for gains next week."

Benchmark light, sweet crude futures for June settled up 13 cents at $48.67 a barrel on the New York Mercantile Exchange. On Thursday, oil futures registered their lowest front-month settlement in about 12 weeks.

Nymex gasoline futures for June settled at $1.4122 a gallon, down 1.98 cents, while heating oil futures for the same month settled at $1.3703 a gallon, down 0.93 cent.

June natural gas rose fell 2.5 cents to close at $6.536 a million British thermal units.