Reuters logo
U.S. crude ends higher, posts small weekly gain
April 5, 2012 / 6:47 PM / 6 years ago

U.S. crude ends higher, posts small weekly gain

NEW YORK, April 5 (Reuters) - U.S. crude futures rose on Thursday after two straight days of losses as data showing a drop in jobless claims combined with uncertainty about supply disruptions to prompt short covering ahead of a long holiday weekend.

U.S. May crude rose $1.84, or 1.81 percent, to settle at $103.31 a barrel, having traded from $101.37 to $103.40. For the week, crude gained 29 cents, or 0.28 percent. (Reporting By Robert Gibbons; Editing by Alden Bentley)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below