{"id":58731,"date":"2023-09-08T21:53:30","date_gmt":"2023-09-09T01:53:30","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/oil-futures-end-higher-for-session-contributing-to-a-gain-for-the-week\/"},"modified":"2023-09-08T21:53:32","modified_gmt":"2023-09-09T01:53:32","slug":"oil-futures-end-higher-for-session-contributing-to-a-gain-for-the-week","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=58731","title":{"rendered":"Oil futures end higher for session, contributing to a gain for the week"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002485359\" role=\"document\">\n<p>Oil prices settled higher on Friday, contributing to a more than 2% weekly gain for U.S. benchmark crude futures. Crude prices continued to trade on \u201csupply-side drivers,\u201d said Edward Moya, senior market analyst at OANDA, with OPEC+ to \u201ckeep this market tight going into the winter.\u201d Oil still looks like it \u201cwants to keep this rally going and it could if further evidence emerges that China is stabilizing,\u201d he said. October West Texas Intermediate crude<br \/>\n        CLV23,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/209726813\/delayed\" class=\"positive\">+0.41%<\/bg-quote><br \/>\n       rose 64 cents, or 0.7%, to settle at $87.57 a barrel on the New York Mercantile Exchange, erasing nearly all of the previous session\u2019s 0.8% loss to finish the week 2.3% higher, according to Dow Jones Market Data. \u00a0<\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/oil-futures-end-higher-for-session-contributing-to-a-gain-for-the-week-4a04f12a?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil prices settled higher on Friday, contributing to a more than 2% weekly gain for U.S. benchmark crude futures. Crude prices continued to trade on \u201csupply-side drivers,\u201d said Edward Moya, senior market analyst at OANDA, with OPEC+ to \u201ckeep this market tight going into the winter.\u201d Oil still looks like it \u201cwants to keep this [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-58731","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Oil futures end higher for session, contributing to a gain for the week | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Oil prices settled higher on Friday, contributing to a more than 2% weekly gain for U.S. benchmark crude futures. 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