Crude futures down on week, but gain over 12% for the month

SAN FRANCISCO (MarketWatch) — Crude oil for July delivery closed at $127.35 a barrel on the New York Mercantile Exchange Friday, up 73 cents for the day. It recovered from a two-week low set earlier in the session with traders eyeing Sunday’s official start of the Atlantic hurricane season. The June crude contract, which expired early last week, closed at $113.46 on April 30, so crude futures prices are up 12.2%, or $13.89, for the month. But after a slide of over $4 Thursday, July crude ended the week 3.7% lower.
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Original post by Forextvblog

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