Oil Prices Are On Course For Another Weekly Gain

U.S. West Texas Intermediate crude oil futures are putting in a mixed performance on Friday on low post-holiday volume. Earlier in the session, the U.S. futures contract fell more than 1% amid concerns about oversupply and doubts about a vaccine to end the coronavirus pandemic, but at the mid-session, the market is trading higher, putting it on course for a fourth straight week of gains ahead of an OPEC+ meeting early next week. Vaccine Issues Encouraging Profit-Taking In a slow news week, traders were once again focusing on a coronavirus vaccine,…