join us now @ www.gurusresearch.com April 28, 2017 by adminOil prices rose on Friday but were still on track for a second straight weekly loss on concerns that an OPEC-led production cut has failed to significantly tighten an oversupplied market.U.S. West Texas Intermediate (WTI) crude futures (CLc1) were trading at $49.40 per barrel at 0344 GMT (11:44 p.m. ET), up 43 cents, or 0.88 percent, from their last close. However, WTI is still set for a small weekly loss and is around 8 percent below its April peak.Brent crude futures (LCOc1) were at $51.86 per barrel, up 42 cents, or 0.82 percent. Brent is almost around 8.5 percent down from its April peak and is also on track for a second, albeit small, week of declines. www.gurusresearch.com9761931931,8006256256