MarketWatch | Oil notches first weekly gain in a month as hopes grow for extended output cuts MarketWatch Oil prices ended nearly flat on Friday, but notched the first weekly gain in a month on expectations the Organization of the Petroleum Exporting Countries will extend an agreement to curb production when the cartel meets later in the month. OPEC ... OPEC Still Fundamentally Misunderstands US Oil Industry Oil market focus turns to more output reductions Oil steady on expected OPEC cut extension, drop in U.S. inventories |