Brent crude futures rose 92 cents, or 1.1 per cent, to settle at $85.53 a barrel. The benchmark, which touched a three-year high of $86.10 on Thursday, was up one per cent in the week, its seventh weekly gain.
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U.S. stocks were lower after the close on Friday, as losses in the Oil & Gas, Basic Materials and Consumer Services sectors led shares lower.
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The best performers of the session on the Dow Jones Industrial Average were Procter & Gamble Company (NYSE:PG), which rose 0.98% or 1.37 points to trade at 140.53 at the close. Meanwhile, The Travelers Companies Inc (NYSE:TRV) added 0.52% or 0.81 points to end at 156.39 and Amgen Inc (NASDAQ:AMGN) was up 0.51% or 1.27 points to 247.90 in late trade.
The worst performers of the session were Dow Inc (NYSE:DOW), which fell 3.09% or 1.91 points to trade at 60.00 at the close. Chevron Corp (NYSE:CVX) declined 2.65% or 2.68 points to end at 98.62 and Walt Disney Company (NYSE:DIS) was down 2.64% or 4.87 points to 179.28.
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let s have a look at the big board. we re not going to break the record today. the number would have been 27,828. the dow is now down it hasn t been down before around 10:00 this morning. we would call this flat, not really down. it s down 20 points. however, if it closes down those 20 points in the next minute, i think all three markets are down for the day. the s&p 500 set a new all-time record yesterday at 2,954. it s down two points. basically flat markets but all down for the day. oil prices went up today. not as much as yesterday. yesterday nearly 5 1/2% gain. west texas intermediate light swede crude oil. that s the kind we make here in america or at least that s what we base our prices on rose .6% to settle the $57.43 a barrel. however, according to cnbc, that type of oil was up 9% for the week. that s the biggest weekly gain since december of 2016. that wraps up this hour for