[Editor’s note: Story updated from a previous version posted at 8:40 a.m. March 24.]Oil rose modestly on March 24 in a spate of late-day activity but fell on the week as concerns persisted over an excess of crude.U.S. West Texas Intermediate (WTI) crude futures settled up 27 cents to $47.97 a barrel (bbl) but lost 0.5% on the week. About 390,000 WTI contracts had changed hands, lower than the average of about 520,000 over the last 200 days.Brent crude ended up 24 cents to $50.80 and ended down 1.8% this week. 
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