Crude Oil Futures Bouncing At The End Of a Rough Week

Crude oil futures are on course to cap a rough week with a nice gain, with prices rising 94 cents, or 1.3%, to $75.15 a barrel in recent trade. Continuous futures have bounced sharply, after hitting a four-year low of $73.25 overnight trade. Helping fuel Friday's turnaround is a pullback in the U.S. dollar. The ICE U.S. Dollar Index was up 0.2% in recent trade, but had been up as much as 0.6% at a 2 1/2-year high of 88.27 early Friday. Continuous crude oil futures are still down 4.4% on the week, which puts them on course for a seventh-straight weekly loss -- the futures have lost 20% during that stretch.

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