Oil Futures Score Gains For The Session And Week

By Myra P. SaefongMarketsMarketWatch Pulse

Oil futures settled higher Friday, fueling a weekly gain of about 0.8%, on growing expectations that major oil producers will be successful in their pledge to curb production at the start of the new year. January West Texas Intermediate crude rose $1, or 2%, to settle at $51.90 a barrel on the New York Mercantile Exchange.

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