Oil rose for a second straight week as OPEC’s commitment to rebalance the market and geopolitical risks to global supplies overshadowed U.S. President Donald Trump’s tweet on “artificially Very High” prices. Trump’s comments came as the Organization of Petroleum Exporting Countries and allies including Russia showed willingness to further tighten oil markets and boost prices in a meeting in Saudi Arabia. West Texas Intermediate futures dropped as much as 1.2 percent early on Friday before rebounding as the impact of the tweet fizzled. They’ve risen 10 percent in two weeks. “Trump didn’t change the fundamentals yet, he just expressed he was mad,” said Bill O’Grady, chief market strategist at Confluence Investment Management in St. Louis. “It’s pretty hard to thread the needle of lower oil prices when you’re threatening a major oil producer,” he said, referring to Iran. Oil ministers […]