Oil Ends At 1-month High After Syria Airstrike, But Pares Early Gain

Oil futures settled at a one-month high Friday, finding support after a U.S. airstrike on Syria contributed to geopolitical tensions. West Texas Intermediate crude for May delivery rose 54 cents, or 1%, to close at $52.19 a barrel, the highest finish since March 7. Oil had jumped as much as 2.4% immediately following the airstrikes, but gave back some ground as traders questioned whether the initial reaction was overdone.