European markets are expected to open lower Monday after a downbeat week.
September West Texas Intermediate crude oil contracts this week rallied for a 7consecutive week for the first time since June 2022, while October Brent — the international benchmark — also rose for a 7th straight week.September gasoline added 6.5% this week, the most in a week since early March, and rising for a 4th week in five.
The S&P 500 Energy Index turned in the best performance of the 11 main sectors in the S&P 500, rising 3.5% this week versus the S&P 500 Health-Care Index's 2.5% gain and the S&P 500's 0.3% loss.CNBC Pro: Alibaba is doubling down on A.I. — Chinese stocks to watch
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