Reuters | Oil rises 2 percent, but still set for first weekly fall in six Reuters Brent crude oil LCOc1 was $1.07 higher at $62.43 a barrel by 11:20 a.m. EST (1620 GMT) while U.S. West Texas Intermediate crude (WTI) CLc1 rose $1.25 to $56.39 a barrel. Prices trended higher after Saudi Arabia's energy minister on Thursday signaled a ... Oil set for first weekly fall in six on oversupply Oil Lingers Near $55 as Investors Wait for Clarity on OPEC Deal Russian oil unsettled by talk of longer production cuts |