Crude futures found some support Thursday on stronger gasoline demand and better jobs data. Both appear to be signs that the U.S. economy remains in a recovery mode.
Front-month Brent futures traded $1.09 higher to settle at $123.43 per barrel. On the NYMEX, WTI crude finished up $1.84 to $103.31 per barrel for the May contract.
Meanwhile, natural gas futures were not so fortunate. Contracts for May Henry Hub were off 5 cents to $2.09 per MMBtu at settlement.
RBOB gasoline contracts for May gained a penny to settle at $3.34 per gallon.
Commodities markets will be closed Friday, April 6 in commemoration of Good Friday.
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