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U.S. oil futures climb over 9% for the month

U.S. oil futures fell Friday, but tallied a gain of more than 9% for the month as traders weighed uncertainty ahead of a key meeting Saturday in Japan between the U.S. and China on trade issues and next week’s decision by the Organization of the Petroleum Exporting Countries and its allies on production levels. August West Texas Intermediate oil CLQ19, -2.46% fell 96 cents, or 1.6%, to settle at $58.47 a barrel on the New York Mercantile Exchange, for a weekly rise of 1.8%.

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