CRUDE FUTURES POST FIFTH WEEKLY LOSS AS OVERSUPPLY JITTERS PERSIST

CRUDE FUTURES POST FIFTH WEEKLY LOSS AS OVERSUPPLY JITTERS PERSIST BUZ INVESTORS  Crude futures settled higher on Friday, but posted a fifth-weekly loss as investors continued to fret about the glut in supply while the number of active U.S. drilling rigs rose for a 23rd straight week. On the New York Mercantile Exchange crude futures
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Oil prices give up early gains as oversupply weighs Oil prices slipped after gains made earlier on Thursday and the previous day as overproduction and large volumes of unsold crude and ample refined products around the world weighed on markets. Brent crude futures were trading at $42.72 a barrel at 1203 GMT, down 38 cents
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