New York (Platts)--22May2009

NYMEX June crude futures on CME's Globex system were 67 cents higher at
$61.72/barrel Friday, as the dollar continued its retreat and equity futures
indicated a stronger open at the start of trading in New York.

The US Dollar Index on ICE traded down to a five-month low of 80.027,
down 46 points on the session while S&P 500 futures were up 4.80 points,
at 893.50 just off the intra-session high of 895.80.

"There has been limited economic news to drive the currencies," foreign
exchange strategists at Brown Brothers Harriman said in a report. "There is
also little US news to drive the markets with conditions likely to grow less
liquid ahead of the long holiday weekend in the US and UK."

Product markets firmed along with crude, but again, bullish news was
lacking and the move up was more likely the result of position-squaring ahead
of the long weekend.
--Linda Rafield, linda_rafield@platts.com