Sushil Finance expects crude oil prices to trade on sideways as enough supplies could keep prices under pressure and stronger US economy could push prices higher. Crude oil fell on Thursday, pressured by ample supply, concerns about demand growth and a stronger U.S. dollar.

Traders pinned much of the fall on the U.S. dollar's rally to its highest in more than four years against a basket of currencies. The dollar drew support from a fall in U.S. jobless claims and Federal Reserve interest rate forecasts that were higher than those predicted in June.

''We expect Natural gas prices to trade on negative note on the back of greater than expected buildup in inventories. U.S. natural gas futures snapped four straight days of gains to close nearly 3% lower on Thursday after another hefty build in weekly stockpiles and forecasts for mild weather,'' it added.

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