{"id":74980,"date":"2023-10-20T17:56:28","date_gmt":"2023-10-20T21:56:28","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/oil-futures-end-lower-for-the-session-up-for-the-week\/"},"modified":"2023-10-20T17:56:31","modified_gmt":"2023-10-20T21:56:31","slug":"oil-futures-end-lower-for-the-session-up-for-the-week","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=74980","title":{"rendered":"Oil futures end lower for the session, up for the week"},"content":{"rendered":"
\n

Oil futures ended with a loss on Friday, but remained higher for the week with traders weighing the potential for the spread of violence in the Middle East following the start of the Israel-Hamas war earlier this month. Stephen Innes, managing partner at SPI Asset Management, believed there was \u201cenough headline risk\u201d to hold the bid into the weekend and early next week. However, \u201ceven at the cost of losing money on this long oil hedge\/trade, I really hope cooler heads prevail and things do not spill over,\u201d he said. November West Texas Intermediate crude
\n CLX23,
\n -0.39%<\/bg-quote>
\n fell 62 cents, or 0.7%, to settle at $88.75 a barrel on the New York Mercantile Exchange, with the contract expiring at the end of Friday\u2019s session. Front-month prices ended the week 1.2% higher. The new front month December contract
\n CLZ23,
\n -0.08%<\/bg-quote>
\n settled at $88.08, down 29 cents, or 0.3%.<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Oil futures ended with a loss on Friday, but remained higher for the week with traders weighing the potential for the spread of violence in the Middle East following the start of the Israel-Hamas war earlier this month. Stephen Innes, managing partner at SPI Asset Management, believed there was \u201cenough headline risk\u201d to hold the […]<\/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-74980","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nOil futures end lower for the session, up for the week | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Oil futures ended with a loss on Friday, but remained higher for the week with traders weighing the potential for the spread of violence in the Middle\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=74980\" 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