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Crude futures settle higher

China

China

China

Crude futures settle higher

2026-05-16 13:28 Last Updated At:14:07

Oil prices climbed on Friday.

The West Texas Intermediate for June delivery increased by 4.25 U.S. dollars, or 4.20 percent, to settle at 105.42 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for July delivery added 3.54 U.S. dollars, or 3.35 percent, to settle at 109.26 dollars a barrel on the London ICE Futures Exchange.

Crude futures settle higher

Crude futures settle higher

Crude futures settle higher

Crude futures settle higher

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U.S. dollar ticks up

 

The U.S. dollar increased in late trading on Friday.

The dollar index, which measures the greenback against six major peers, gained 0.47 percent to 99.378 at 1900 GMT.

In late New York trading, the euro decreased to 1.1630 dollars from 1.1677 dollars in the previous session, and the British pound lost to 1.3332 dollars from 1.3405 U.S. dollars in the previous session.

The U.S. dollar bought 158.68 Japanese yen, higher than 158.19 Japanese yen in the previous session. The U.S. dollar increased to 0.7865 Swiss francs from 0.7834 Swiss francs, and it rose to 1.3739 Canadian dollars from 1.3724 Canadian dollars. The U.S. dollar climbed to 9.4374 Swedish kronor from 9.3495 Swedish kronor.

U.S. dollar ticks up

U.S. dollar ticks up

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