Oil Prices Little Changed After Volatile Week

By Anonymous

Market whipsawed by Thursday’s 3% drop after hitting four-year highs

Oil prices ended a volatile week little changed Friday as investors tried to decide whether Thursday’s price plunge was the start of a downward trend or a brief pause before prices race back to four-year highs.

Light, sweet crude for November delivery ended higher by one cent, or 0.01%, at $74.34 a barrel on the New York Mercantile Exchange. Brent crude, the global benchmark, was 0.5% lower at $84.16 a barrel.