CNBC | US crude rises toward $50 a barrel, on track for biggest weekly gains this year CNBC Oil prices edged higher on Friday, reaching new two-month highs and on track to post the strongest weekly percentage gains this year as investors digested signs of an easing oversupply. U.S. West Texas Intermediate (WTI) crude futures rose 61 cents, or ... 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 |