Oil on track for July gain as dollar slumps

MarketWatch | Jul 31, 2020 at 2:07 PM
  • Oil futures traded higher Friday, on track for a monthly gain, as investors weighed an uncertain demand outlook, while bulls took encouragement from a slumping U.S.
  • WTI was on track for a monthly rise of more than 2%, while Brent was up more than 5% for July.