IBTimes -
18 Oct 2014 19:31
Crude-oil futures moved marginally higher Friday, but finished lower for the week, with key exporting nations refusing to cut output amid a supply glut and forecasts for weak crude demand the world over. The Intercontinental Exchange Brent December contract gained 57 cents, or 0.7 percent, to close at $86.10 per barrel Friday. The benchmark price lost 4.9 percent for the week as a whole.
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