Oil rose above $73 a barrel on Friday, lifted by slightly better GDP and jobs data out of the United States, although still rangebound over the week.
U.S. crude for October gained 68 cents to $73.17 a barrel by 1102 GMT (7:02 a.m. EDT). London Brent rose 57 cents to $73.08.
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Alfonso Esparza
Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.