U.S. crude ends lower awaiting budget talks, posts weekly gain
NEW YORK Dec 28 (Reuters) - U.S. crude futures dipped in thin, choppy trading on Friday, feeling pressure after data showed that fuel stockpiles rose sharply and crude stocks fell less than expected last week while awaiting fresh U.S. budget talks that might avert looming tax hikes and spending cuts.
U.S February crude slipped 7 cents, or 0.08 percent, to settle at $90.80 a barrel, having traded from $90.32 to $91.49.
For the week, U.S. crude rose $2.14, or 2.4 percent. (Reporting by Robert Gibbons)
- Sierra Leone's chief Ebola doctor contracts the virus
- Gaza bloodshed deepens as airlines shun Israel |
- Ukraine rebel commander acknowledges fighters had BUK missile
- TransAsia Airways plane crashes in typhoon-hit Taiwan, killing 47 |
- South Korea ferry fugitive hid behind cabin wall, bags of cash at hand