Oil rises, but heads for weekly loss as market awaits OPECs November decision

HOUSTON -Oil prices rose on Friday but were headed for a weekly loss of about 7% or more after news of potential increases to OPEC supply.

Brent crude futures were up 64 cents, or 1%, at $64.75 a barrel by 12:17 p.m. ET . U.S. West Texas Intermediate crude was up 72 cents, or 1.2%, at $61.17.

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