DTN Oil
Oil futures nearest delivery on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange notched weekly gains after plumbing April lows earlier in the week, mostly edging higher Friday.
Oil futures nearest delivery on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange notched weekly gains after plumbing April lows earlier in the week, mostly edging higher Friday.
Nearest delivered oil futures on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange shrugged off early weakness spurred by a surprise reading for U.S. economic growth to end Thursday's session higher.
The nearby West Texas Intermediate (WTI) and ULSD futures contracts on the New York Mercantile Exchange (NYMEX) and Brent futures on the Intercontinental Exchange settled Wednesday's session lower
New York Mercantile Exchange oil futures nearest to delivery and Brent crude on the Intercontinental Exchange registered gains Tuesday afternoon amid a technical bounce and a weaker U.S. dollar.
Oil futures nearest delivery on the New York Mercantile Exchange and Brent on the Intercontinental Exchange settled Monday's session mixed.
Oil futures nearest delivery on the New York Mercantile Exchange and Brent crude on the Intercontinental Exchange settled Friday's session shallowly mixed.
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U.S. personal incomes and consumer spending will be out at 7:30 a.m. CDT Friday, the same time as the PCE inflation index for March. The University of Michigan's final consumer sentiment index for April is due out at 9 a.m. Traders will continue to keep a close watch over the latest weather forecasts.
WeatherA storm system in the Central Plains will move northeast into the Upper Midwest on Friday. Widespread areas of rain and thunderstorms developed Thursday night and will continue in waves through Friday as well. Some of those thunderstorms will be severe throughout the day with the emphasis in the mid-Missouri Valley for the strongest storms Friday afternoon and evening.
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