Light sweet crude futures move back over $130 a barrel

LONDON (MarketWatch) — Light sweet crude futures moved back over $130 for the first time since May 29 on Friday, recently trading up $2.44 at $130.23 a barrel in electronic trading. On Thursday, crude futures logged their biggest one-day price moves on record, tacking on more than $5 a barrel, after a steep decline in the U.S. dollar.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Original post by Forextvblog

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