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Oil Rises, but Down 6.2 Percent on Week

Charlotte McLeod
Sep. 21, 2012 03:52PM PST
Resource Investing

The Wall Street Journal reported that US crude futures bounced back after falling for four sessions in a row, but ended the week down 6.2 percent.

The Wall Street Journal reported that US crude futures bounced back after falling for four sessions in a row, but ended the week down 6.2 percent.

As quoted in the market news:

The gains came as the front-month contract switched to November futures. Light, sweet crude oil for November delivery rose 47 cents, or 0.5%, to settle at $92.89 a barrel on the New York Mercantile Exchange.

Click here to read the full report from The Wall Street Journal.

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