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Oil posts best weekly gain this year, up 8.6% to $49.71 on signs of market rebalancing - CNBC
CNBC | Oil posts best weekly gain this year, up 8.6% to $49.71 on signs of market rebalancing CNBC Oil prices edged higher on Friday, reaching new two-month highs and posting the strongest weekly percentage gains this year as investors digested signs of an easing oversupply. U.S. West Texas Intermediate (WTI) crude futures ended Friday's session up ... Oil sets sights on biggest weekly gain of the year Oil prices on track for best monthly gain this year Crude oil prices likely to remain in $42-$56 range in coming weeks |
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