MarketWatch | Oil logs its biggest weekly gain of the year MarketWatch Oil logged a weekly gain of more than 8% Friday—the largest such rise since early December, with prices getting a lift from renewed production-curb commitments from OPEC members as well as uncertainty in Venezuela. Traders showed little reaction as ... Oil posts best weekly gain this year, up 8.6% to $49.71 on signs of market rebalancing Oil prices on track for best monthly gain this year Crude oil prices likely to remain in $42-$56 range in coming weeks |