Oil stable ahead of key U.S. inflation data, set for monthly drop

LONDON, March 31 (Reuters) – Oil prices were stable on Friday ahead of key U.S. inflation data which could give clues on future interest rate moves.

On the month, oil was on course for its weakest performance since November.

Brent futures, which have risen nearly 6% this week, were up 18 cents, or 0.2%, at $79.45 a barrel at 1041 GMT. West Texas Intermediate (WTI) U.S. crude was up 52 cents, or 0.7%, to $74.89, having gained about 8% so far this week.

View entirety: Reuters