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July 30, 2010, 3:02 p.m. EDT · Recommend ·

Oil rises 4.4% in July, nat gas up 6.5% monthly

Alert Email Print By Claudia Assis

SAN FRANCISCO (MarketWatch) -- Crude-oil futures settled 0.8% higher on Friday, shaking off early weakness to settle at $78.95 a barrel on the New York Mercantile Exchange. Oil futures gained 4.4% in July, oil's best month since March and its second consecutive monthly gain. Natural gas futures notched a 6.5% gain in July, which follows gains of 7.2% in June. Natural gas for September delivery added 10 cents Friday, or 2%, to settle at $4.92 per million British thermal units.

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