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Oil Steady In Volatile Session, Down 2% For The Week

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NEW YORK, Aug 26 (Reuters) - Oil prices were largely unchanged on Friday in a volatile session, as traders reacted to comments from Fed Chair Janet Yellen and reports of missile activity in Saudi Arabia.

The market was taking its cues from the movement in the dollar, which has been choppy following Yellen's remarks.

At one point, crude benchmarks were up as much as 2 percent before drifting lower. Brent crude futures settled at $49.92, up 25 cents or 0.5 percent. U.S. crude ended the session 31 cents higher at $47.64.

http://www.downstreamtoday.com/news/article.aspx?a_id=53300

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