Futures Movers: U.S. oil prices slip amid concerns over Kurdish independence referendum

Oil prices climbed on Friday, marking their first quarterly gain of 2017, as investors considered the potential fallout from the independence referendum in the oil-rich Kurdish region of Iraq.

November West Texas Intermediate crude CLX7, +0.16% added 11 cents, or 0.2%, to settle at $51.67 a barrel on the New York Mercantile Exchange. The front-month contract was up about 2% for the week, up 7.7% for the month and saw quarterly rise of 10.5%, according to FactSet data. Based on the most-active contracts, however, prices were up around 12% from the August WTI settlement of $46.04 at the end of June.

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