Oil futures ended higher on Friday, with U.S. prices up nearly 3% for the week, their fifth straight weekly advance, as U.S. inventories hover at their lowest since 2018.
West Texas Intermediate crude for November delivery CLX21, +0.89% rose 68 cents, or 0.9%, to settle at $73.98 a barrel on the New York Mercantile Exchange. Prices, based on the front-month contracts, finished at their highest since mid-July, up about 2.8% for the week, FactSet data show.