MarketWatch | Oil prices ready for 3rd weekly loss in a month MarketWatch Oil prices edged slightly higher Friday, but were set to log their third weekly loss in a month, as traders continued to weigh signs of OPEC-led cutbacks in global crude production against data pointing to the likelihood of further gains in U.S. output ... OPEC Be Warned: Russia Battens Down the Hatches for Oil at $40 Oil steady but set for 2 percent weekly loss as glut weighs Saudis are claiming a drop in oil exports to United States, but data suggest it won't last |