Light, sweet crude for December delivery CLZ4, +0.67% rose 74 cents, or 1%, to settle at $78.65 a barrel on the New York Mercantile Exchange. On the week, however, prices declined 2.4%. It was New York-traded oil sixth straight weekly loss.
December Brent futures LCOZ4, +0.17% rose 53 cents, or 0.6%, to $83.39 a barrel on London’s ICE. On the week, Brent fell 2.9%. It was Brent’s seventh consecutive weekly decline.
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