UPDATE: U.S. oil prices fall for the session, but gain over 4% for the week
Oil futures fell on Friday (http://www.marketwatch.com/story/oil-edges-back-after-iea-monthly-report-but-crude-set-for-sharpest-weekly-rise-in-a-month-2019-03-15), with U.S. prices pulling back after posting gains in each of the last four sessions, but still tallying a gain of 4.4% for the week. Monthly data from the International Energy Agency Friday confirmed declines in global oil production from the Organization of the Petroleum Exporting Countries, amid losses in Venezuela, and lower output from Saudi Arabia and Iraq. April West Texas Intermediate oil fell 9 cents, or 0.2%, to settle at $58.52 a barrel on the New York Mercantile Exchange.
-Myra P. Saefong; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
March 15, 2019 15:06 ET (19:06 GMT)
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