U.S. oil futures gain for the session, drop 3.8% for the week

Discussion in 'Market News' started by sniper-academy, Jul 14, 2018.

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  1. sniper-academy

    sniper-academy Administrator Staff Member

    Sep 30, 2011
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    U.S. oil prices finished higher on Friday, trimming their loss for the week down to less than 4%, as traders weighed pressure from an expected rise in Libya exports against support from signs of tighter global supplies. August West Texas Intermediate crude added 68 cents, or 1%, to settle at $71.01 a barrel on the New York Mercantile Exchange. It lost about 3.8% for the week, according to FactSet data.

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