WTI Crude Erases Most of Earlier Losses (USO)

WTI crude is continuing to pump higher.

After being down as much as 2.34 percent Thursday, the commondity is now down just 0.4 percent to $56.19 per barrel. May 2015 contracts last settled at $56.39 per barrel.

On watch today include: iPath Dow Jones-Goldman Sachs Crude Oil Fund (NYSE: OIL) and United States Oil Fund (NYSE: USO).

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