Oil Futures Settle Lower as WTI November Falls 1.8%
WTI for November delivery expires at $101.79 a barrel, down 1.8% on the day. The most-active December contract falls 0.7% to $97.82 a barrel.
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Bitcoin recovers slightly as risk appetite improves
Bitcoin rose 0.9% to $82,468 after touching a two-and-a-half-week low, with the move linked to better risk appetite and a weaker dollar as Middle East diplomatic hopes improved. Thursday’s drop had come amid a stronger dollar and higher Treasury yields.
U.S. crude slips after EIA reports 3.2 million-barrel draw
U.S. benchmark crude edged lower after the EIA reported a 3.2 million-barrel withdrawal in commercial crude oil stocks last week. Gasoline inventories rose 382,000 barrels and distillate stocks fell 42,000 barrels.