| NYMEX-Crude ends off lows as Wall St up |
News:
 U.S. crude oil futures ended lower but well above the day's lows on Friday, as Wall Street strengthened on positive earnings results and with oil traders cautiously weighing the potential impact of production shut-ins in the Gulf of Mexico ahead of Tropical Storm Bonnie.
 Oil futures pared losses on production shut-ins in the Gulf of Mexico ahead of Tropical Storm Bonnie, but storm worries eased as Bonnie was not expected to become a hurricane before making landfall between the Louisiana coast and Florida's northwest Panhandle early on Sunday morning.
 Prices moved sideways for most of the day, particularly after stress test results on European banks elicited a muted reaction on Wall Street. Later, however, the widely followed S&P 500 index moved above 1,100 for the first time since June 22 on a report of some positive earnings results.
 "Although the late session equity strength provided support, some weakening in the euro and apparent evaporation of some of yesterday's storm premium appeared to restrict upside price progress," said Jim Ritterbusch, president of Ritterbusch & Associates in Galena, Illlinois.
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