Oil prices settled nearly unchanged Friday, but posted their first weekly gain in a month on expectations that the Organization of the Petroleum Exporting Countries will agree to extend its production-cut agreement for six months or more, and may even deepen the cuts. The Wall Street Journal also reported that some OPEC members are mulling the idea of bringing more non-OPEC producers into the pact. June WTI crude settled at $47.84 a barrel on the New York Mercantile Exchange, a penny higher for the session and up 3.5% for the week.
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