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Futures Movers: Oil pulls back from 4-month high

Oil futures lost ground Thursday, pulling back from a four-month high set the previous day that had sent the U.S. benchmark above the $60-a-barrel mark as investors reacted to an unexpectedly large fall in domestic crude inventories.

West Texas Intermediate crude for May delivery CLK9, -0.18% on the New York Mercantile Exchange fell 39 cents, or 0.6%, to $59.84 a barrel, while May Brent crude LCOK9, -0.20% shed 33 cents, or 0.5%, to $68.17 a barrel.

U.S. benchmark WTI remains up more than 2% for the week. Crude pulled back Thursday in step with equities, with U.S.

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