Oil prices end with a gain after a volatile week of trading
Crude prices fell to year-to-date lows before recovering, boosted by a falling dollar.
West Texas Intermediate on the New York Mercantile Exchange rose three out of four days in a holiday-shortened trading week and nearly managed to overcome the $4.95 drop seen on Wednesday, when prices fell to 81 $.94 a barrel. Prices started the trading week with an uptick of 1 cent to $86.88 and began to recoup Wednesday’s decline adding $1.60 on Thursday. Prices added another $3.25 or 3.9% to end the week at $86.79, just below the $86.87 at last Friday’s close. The list price closed the week at $83.27, according to Plains All American.