MW: Oil trims gain on consumer sentiment, home sales
By Claudia Assis
SAN FRANCISCO (MarketWatch) -- Crude-oil futures on Friday pared gains after data showed a slump for pending homes sales and a rise for consumer sentiment. Crude for July delivery CLN11 +0.16% added 33 cents, or 0.3%, to $100.56 a barrel on the New York Mercantile Exchange. It traded at $100.80 moments before the data. A consumer sentiment index rose to 74.3 in May, from 69.8 in April. Pending home sales fell 11.6% in April.
