Crude-oil futures finished lower on Friday, 15 March 2019 with U.S. prices pulling back after four days of consecutive gains that prompted crude to tally its best weekly gain in about a month, amid growing signs of tightening global supplies.

April West Texas Intermediate crude shed 9 cents, or 0.2%, to settle at $58.52 a barrel on the New York Mercantile Exchange, after settling at its highest level since mid-November on Thursday. WTI tallied a weekly gain of about 4.4% based on the most-active contracts. May Brent crude meanwhile, lost 7 cents, or 0.1%, to $67.16 a barrel on ICE Futures Europe, with the contract up 2.2% for the week.

On Friday, the International Energy Agency said output from the Organization of the Petroleum Exporting Countries had fallen by 240,000 barrels a day last month, to 30.68 million barrels day, its lowest level in four years. The IEA cited losses in Venezuela, and lower output from Saudi Arabia and Iraq.It left its forecast for global oil demand growth in 2019 unchanged at 1.4 million barrels a day.

Bullion prices ended higher at Comex on Friday, 15 March 2019. Gold futures climbed on Friday to score a gain for the week, with the metal finding support in the wake of mass shootings at two mosques in New Zealand, as well as from a weaker tone for the U.S. dollar.

On Friday, gold for April delivery on Comex rose $7.80, or 0.6%, to settle at $1,302.90 an ounce, with prices logging a weekly rise of 0.3%. May silver also rose 15.3 cents, or 1%, to $15.324 an ounce, though still ending about 0.2% lower on the week.

U.S. Treasuries closed the session on a higher note, pushing yields lower across the curve. The 2-yr yield declined one basis point to 2.44%, and the 10-yr yield declined four basis points to 2.59%. The U.S. Dollar Index declined 0.2% to 96.60. WTI crude lost 0.3% to $58.39/bbl.

Looking ahead, investors will receive the NAHB Housing Market Index for March on Monday