BREAKING NEWS: Dow jumps 575 points turns positive for May along with S&P 500
in the U.S. was basically unchanged Friday at $4.599, according to the latest numbers from AAA. The price on Thursday was $4.60. The price of diesel slipped again to $5.53 from $5.544.Oil prices traded near a two-month high on Friday on the prospect of an EU ban on Russian oil. U.S. West Texas Intermediate Brent futures were around $117 a barrel.
That benchmark was on track for a gain of about 4% this week. Oil prices have gained about 50% so far this year.Bitcoin is trading around $29,000 after snapping a two-day winning streak heading into Friday. Bitcoin is off more than 23% month-to-date and down more than 36% year-to-date. Ether was trading down 3% around $1,700, near a 13-month low.
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