Oil futures end lower for the session, up over 6% for the week

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Oil futures fell on Friday, pulling back on the heels of four consecutive session gains, but finished the week up by more than 6%. Forecasts for higher oil demand and declines in U.S. crude inventories contributed to the weekly price climb. May West Texas Intermediate crude
CLK21,
-0.10%
fell 33 cents, or 0.5%, to settle at $63.13 a barrel on the New York Mercantile Exchange. Prices for the front-month contract logged a weekly rise of 6.4%, according to FactSet data.

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