U.S. crude futures last trade higher, above $125

Fri May 9, 2008 7:36pm BST
 
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NEW YORK, May 9 (Reuters) - U.S. crude futures rose on Friday as fund buying, surging distillate prices on both sides of the Atlantic and a weaker dollar lifted oil to an intraday record above $126 a barrel.

On the New York Mercantile Exchange, June crude CLM8 last traded in the open-outcry floor session up $2.11 or 1.71 percent at $125.80 a barrel, trading from $124.08 to a record $126.20. (Reporting by Robert Gibbons; Editing by John Picinich)

 

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