Oil futures rose slightly on Thursday, a day after the U.S. benchmark contract entered a bear market following a report showing domestic supplies hit a nearly two-year high. A weakening global economic backdrop, amplified by tariff tensions between the U.S. and some of its key trading partners, have underpinned lower moves in crude because tariff animosities can lead to softer demand for energy assets. The Energy Information Administration on Wednesday reported that U.S. crude supplies rose by 6.8 million barrels for the week ended May 31. Click Read More below for additional information.
American Dollar to Canadian Dollar = 0.731999; American Dollar to Chinese Yuan = 0.141272; American Dollar to Euro = 1.121358; American Dollar to Japanese Yen = 0.009346; American Dollar to Mexican Peso = 0.043810.