Oil lower ahead of U.S. rig count
Oil was lower Friday on benefit taking as the concentration swung to U.S. boring action figures.
U.S. unrefined was off 29 pennies, or 0.58%, at $50.06 at 07:00 ET. Brent unrefined shed 33 pennies, or 0.62%, to $52.80.
Dough puncher Hughes fix exclude information are expected later in the session.
Higher U.S. supply and inventories are putting a top on oil's additions.
OPEC and non-OPEC makers are cutting yield by 1.8 million barrels a day in the primary half.
There are desires the understanding could be stretched out past June.
Chinese assembling extended at its speediest pace in near five years, supporting desires of higher interest for oil.
Oil stays on track to post misfortunes of around 7% in the principal quarter.
The reestablished quality of the dollar Friday debilitated interest for oil.