Crude-oil futures marked their first climb in three sessions Friday,
finding support from a weaker dollar, to finish with a gain for a week
that was marked by speculation over the fallout from the Ukraine crisis
and concerns about the potential for higher U.S. interest rates.
Oil for May delivery CLK4 +0.66% added 56, or 0.6%, to settle at $99.46 a barrel on the New York Mercantile Exchange. A week ago, oil futures’ front-month contract settled at $98.89, so prices are also roughly 0.6% higher on the week.
Crude’s European benchmark, Brent oil, also rose, with the May contract UK:LCOK4 +0.70% up 47 cents, or 0.4%, to $106.92 a barrel, down.
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Oil for May delivery CLK4 +0.66% added 56, or 0.6%, to settle at $99.46 a barrel on the New York Mercantile Exchange. A week ago, oil futures’ front-month contract settled at $98.89, so prices are also roughly 0.6% higher on the week.
Crude’s European benchmark, Brent oil, also rose, with the May contract UK:LCOK4 +0.70% up 47 cents, or 0.4%, to $106.92 a barrel, down.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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