oil up, dollar down
Crude had a third straight daily gain to end the week. The U.S. Department of Energy reduced oil inventories by 2.8 million barrels from the previous week. Gasoline inventories were up by 1.5 million barrels. For the week August crude closed up $3.70, the first weekly gain in five.
The U.S. dollar struggled and gave back gains to the euro and sterling. Equities advanced around the world. Economic news from th U.S. was a mixed bag.
