Oil Inches Higher But Set to End the Year 10% Lower

Oil prices moved higher Friday, but are still set for a weekly decline as demand concerns hit key benchmarks. Brent crude was up 0.7% to $77.72 a barrel while WTI was 0.6% higher at $72.20 a barrel. Despite the move higher, prices over the week are still set to fall 1.4% and 1.8% for Brent and…