Oil futures moved up Thursday to trade a bit higher for the week, after falling in two of the previous three sessions. Prices on Tuesday had settled at their highest since October.

Output rose 1.5% in November, offering a glimmer of hope for the beleaguered industrial sector faced with sweeping job cuts and the threat of import tariffs from the incoming Trump administration.

Asian stocks were mostly lower on Thursday after U.S. stock indexes finished mixed a day after strong reports on the economy ...