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Oil Rises on Prospect of US Supply Drop - Wall Street Journal
Wall Street Journal | Oil Rises on Prospect of US Supply Drop Wall Street Journal Oil prices gathered steam in early Asia trade Wednesday on the prospect of a drawdown in U.S. crude stockpiles, though prices continued to be at three-month lows on a global supply glut. On the New York Mercantile Exchange, light, sweet crude futures ... End of Driving Season Could Send Oil Back to February Lows US crude settles below $40 for first time since April, down 1.4% at $39.51 Weak dollar provides oil with some support |
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