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Brent crude futures end higher, post weekly gain
April 5, 2012 / 7:12 PM / 6 years ago

Brent crude futures end higher, post weekly gain

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

Brent May crude rose $1.09, or 0.89 percent, to settle at $123.43 a barrel, having traded from $121.80 to $123.52. For the week, Brent rose 55 cents, or 0.45 percent. (Reporting by Robert Gibbons; Editing by Dale Hudson)

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