By V. Phani Kumar, MarketWatch
HONG KONG (MarketWatch) — Crude-oil futures slipped a little in electronic trading during Asian hours on Monday as a mildly stronger U.S. dollar pressured the commodity.
May crude-oil futures CLK2 -0.32% slipped 21 cents, or 0.2%, to $106.66 a barrel on Globex, after the front-month contract added $1.52 during a regular New York Mercantile Exchange Friday made amid geopolitical concerns.
The ICE U.S. dollar index DXY +0.11% appreciated in choppy trading, rising to 79.362 by early afternoon in Japan, recovering from 79.291 earlier in the day and compared with 79.344 in North America Friday. Read Currencies report.
Asian stock markets were broadly higher, as were U.S. index futures, with Dow Jones Industrial Average DJIA +0.27% futures gaining 24 points to 13,056. Read Asia Markets.
Elsewhere in the energy complex, May gasoline RBK2 -0.12% and heating-oil HOK2 -0.05% futures slipped by 0.1% to $3.37 per gallon and by 0.1% to $3.22 per gallon, respectively.
Natural gas futures for April delivery NGJ12 +0.84% rose 0.8% to $2.29 per million British thermal units.
Varahabhotla Phani Kumar is a reporter in MarketWatch's Hong Kong bureau.
