Oil ends down 1 percent, snapping week-long OPEC-fueled rally

07 October 2016, New York — Oil fell about 1 percent on Friday as players took profits on a rally over the past week that propelled prices nearly 15 percent to four-month highs on hopes of OPEC crude output cuts. Also weighing on the market was the steady rise in U.S. oil drilling as crude […] More »