CRUDE OIL HIGHLIGHT !!!!!!
Oil was up on Friday morning in Asia, but still remains down on the month.
Brent oil futures were up 0.41% to $42.11 by 11:59 AM ET (3:59 AM GMT) and WTI Futures rose 0.47% to $40.50.
Both benchmarks are above the $40-mark again, buoyed by a fall in U.S. crude, gasoline, and distillate inventories reported by the U.S. Energy Information Administration on Thursday. However, any meaningful rise was halted by the resurgent COVID-19 pandemic, especially in Europe, and Libya’s oil industry beginning its return to the market.