HOUSTON: Oil prices settled lower on Friday but rose for the second straight week as investors weighed factors such as possible supply disruptions in the Middle East and Hurricane Milton's impact on fuel demand in Florida.
Brent crude oil futures settled down 36 cents, or 0.45%, at US$79.04 a barrel. EDT. US West Texas Intermediate crude futures settled down 29 cents, 0.38%, to US$75.56 per barrel.
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