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Friday May 9, 9:36 PMU.S. crude futures jump more than $2, above $126NEW YORK (Reuters) - U.S. crude futures jumped more than $2 to a record high above $126 on Friday, fueled by fund buying and surging distillate prices on both sides of the Atlantic, according to traders.On the New York Mercantile Exchange at 9:24 a.m. EDT, June crude was up $2.18, or 1.76 percent, at $125.86 a barrel, trading from $124.08 to a record $126.20. (Reporting by Robert Gibbons) |
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