Oil Near Highest This Month

Bloomberg reports that in New York, Oil traded near the highest this month.

The market news is quoted as saying:

Futures were little changed, with the biggest weekly gain in four weeks, after the U.S. Commerce Department said record exports in April helped the trade gap shrink 6.7 percent to $43.7 billion, the lowest since December. A separate report showed jobless claims unexpectedly rose.

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