OIL FUTURES: Crude Rises On Stronger U.S. Economic Data

Crude oil futures got a boost Friday from stronger U.S. macroeconomic data, helping to shrug off some of Thursday's losses.
Light, sweet crude for April delivery recently traded 71 cents, or 0.9%, higher at $78.88 a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange traded 55 cents, or 0.7%, higher at $76.84 a barrel.
U.S. gross domestic product rose at an annual rate of 5.9% during the fourth quarter, the fastest rate in six years, the Commerce Department ...