- Crude futures ticked up on Friday, capping a volatile week with another choppy session, as the oil rig count in the U.S. moved higher for a third consecutive week.On the New York Mercantile Exchange, WTI crude for August delivery traded between $45.05 and $46.30 a barrel before closing at $45.95, up $0.27 or 0.55% on the session. On the Intercontinental Exchange (ICE), brent crude for September delivery wavered between $46.66 and $48.05 a barrel, before settling at $47.56 or 0.20 or 0.42% on the day.
- Gold closed relatively flat on Friday, despite a surging Dollar, as subdued consumer inflation data last month did little to dissuade dovish sentiments for an extend period of accommodative monetary policy from the Federal Reserve.On the Comex division of the New York Mercantile Exchange, Gold for August delivery traded between $1,322.56 and $1,336.50 before settling at $1,327.85, down 4.45 or 0.33% on the session.
- Natural Gas futures fell during noon trade in the domestic market on Friday as investors and speculators exited positions in the energy commodity after data showed a rise in US storage levels last week signaling weak demand for the fuel in the world’s biggest gas consuming nation.
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