U.S. oil futures end higher after back-to-back session declines


Oil futures settled higher on Friday, with U.S. prices recouping much of the losses they suffered on the back of recession concerns over the last two trading sessions. Prices, however, still posted a decline for the week, the second weekly decline in a row. West Texas Intermediate crude for August delivery CLQ22, +2.69% rose $3.35, or 3.2%, to settle at $107.62 a barrel on the New York Mercantile Exchange. Prices based on the front month edged down by 0.3% for the week after settling Thursday at the lowest the lowest since May 10, according to Dow Jones Market Data.

This article was originally published by Marketwatch.com. Read the original article here.

Previous articleOutside the Box: Formula shortage. Hunger. Poor health care. The U.S. is neglecting its babies; here’s what can help right now.
Next articleHouse Speaker Nancy Pelosi: Supreme Court ‘is eviscerating Americans’ rights’


Please enter your comment!
Please enter your name here