Oil futures score 7.2% weekly gain
Crude-oil futures climbed on Friday to score a 7.2% gain for the week, finding support from an upbeat U.S. jobs report and a drop in the number of active drilling rigs.
Sweet crude futures for delivery in March CLH5, +3.68% settled at $51.69 a barrel, up $1.21, or 2.4%, for the session.
Brent crude for March delivery LCOH5, +2.81% on London’s ICE Futures exchange rose $1.23, or 2.2%, to $57.80 a barrel — 9.4% higher for the week.
Sweet crude futures for delivery in March CLH5, +3.68% settled at $51.69 a barrel, up $1.21, or 2.4%, for the session.
Brent crude for March delivery LCOH5, +2.81% on London’s ICE Futures exchange rose $1.23, or 2.2%, to $57.80 a barrel — 9.4% higher for the week.
Forex Market Update : Epic Research Malaysia
The dollar was slightly lower against the yen early Friday, with investors sitting on sidelines ahead of closely monitored U.S. jobs data for January later in the day.
The dollar USDJPY, -0.21% was down to ¥117.30 compared with ¥117.54 late Thursday in New York.
The euro EURUSD, -0.17% was at $1.1469 from $1.1485 and at EURJPY, -0.39% ¥134.50 from ¥134.98.
The WSJ Dollar Index BUXX, -0.06% a measure of the dollar against a basket of major currencies, was down 0.04% at 84.92.
The dollar USDJPY, -0.21% was down to ¥117.30 compared with ¥117.54 late Thursday in New York.
The euro EURUSD, -0.17% was at $1.1469 from $1.1485 and at EURJPY, -0.39% ¥134.50 from ¥134.98.
The WSJ Dollar Index BUXX, -0.06% a measure of the dollar against a basket of major currencies, was down 0.04% at 84.92.
Subscribe to:
Posts (Atom)