Latest News

Futures Movers: Stronger demand outlook lifts oil, as traders digest a hefty U.S. supply climb and Fed policy decision


Oil futures settled higher on Wednesday, buoyed after the International Energy Agency raised its forecast for demand growth in the year ahead, as traders digested news of a significant weekly rise in U.S. crude supplies and the Federal Reserve’s decision on interest rates.

News of a more than 10 million-barrel weekly climb in U.S. crude inventories failed to pull down prices, as analysts attributed the hefty increase to a temporary export disruption in the U.S. Gulf Coast.


Telecom Stocks: Charter stock heads for worst day on record as spending plans spook Wall Street

Previous article

Crypto: Crypto money laundering would face crackdown under bipartisan Senate bill

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News