Energy shares were boosted as oil futures edged up after recent losses.
Prices began to tick upward Friday as bargain buyers and profit takers bet that a selloff earlier this week has lost momentum. Oil lost 3.8% for the week in its third weekly decline in a row.
Continue Reading Below
The number of rigs drilling for oil in the U.S. rose by eight in the past week to 741, according to oil-field services company Baker Hughes. Natural gas prices rose for the third time in four sessions as forecasts of hot weather keep boosting optimism for strong demand.
-By Amy Pessetto, firstname.lastname@example.org
(END) Dow Jones Newswires
June 09, 2017 18:42 ET (22:42 GMT)