Oil Futures Up Three Weeks In a Row

By Markets MarketWatch Pulse

Oil futures settled higher Friday as recent declines in U.S. crude production and domestic oil-rig counts helped prices tally a third weekly gain. June WTI crude rose 55 cents, or 1.3%, to settle at $43.73 a barrel on the New York Mercantile Exchange. Based on the most-active contracts, prices saw a weekly gain of 8.3%.] as recent declines in U.S. crude production and domestic oil-rig counts helped prices tally a third weekly gain. June WTI crude rose 55 cents, or 1.3%, to settle at $43.73 a barrel on the New York Mercantile Exchange. Based on the most-active contracts, prices saw a weekly gain of about 8.3%.

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