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Oil rises for fifth straight day as market awaits Fed, stockpiles fall

TOKYO (Reuters) – Oil prices rose for a fifth day on Wednesday, buoyed by a bigger-than-expected drop in U.S. inventories and as investors awaited a widely expected cut in interest rates by the U.S. Federal Reserve, the first in more than 10 years.Read more


Futures Contract News – United States, NEW YORK, Harvey Schwartz

Futures Contract News – United States, BANGKOK, NEW YORK

Full Committee Markup of H.R. 2741, the “Leading Infrastructure for Tomorrow’s America Act”

4-23-19 Special City Council Meeting

Oil Rises for Fifth Straight Day as Market Awaits Fed Stockpiles Fall

TOKYO Oil prices rose for a fifth day on Wednesday buoyed by a bigger-than-expected drop in US inventories and as investors awaited a widely expected cut in interest rates by the US Federal Reserve the first in more than 10 years Brent crude
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Fed Speakers Oil Rally in Focus As Market Awaits Friday Jobs Report

Fed saying stockpiles fell more than 7 million barrels last week Supplies have now fallen five-consecutive weeks Fifty dollars a barrel remains the key figure to watch so lets see if oil can rise solidly above that something the market hasn
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US Crude-Oil Futures Rise for Fifth Straight Session

NEW YORK–The rally in US crude-oil futures extended to a fifth day Thursday fed by signs of an improving US economy The prospect for a pick-up in the worlds biggest oil consumer comes as US refiners already are turning increasing volumes of crude
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Crude Oil Price Forecast Oil Rises For 5th Day on Huge Stockpile Drop

Looking to the DOE data on Cushing Oklahoma stockpiles there has been a 625 drop from the The chart above shows the premium of the December oil futures contract relative to the December 2019 contract Should the front-month trade at a discount
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Oil futures log 5th straight drop to settle at a two-week low

An oil refinery in Colorado is shown in this file photo Oil futures fell for a fifth straight a day lower than January levels Rob Thummel Tortoise managing director and portfolio manager said during a podcast Monday The market also awaits the
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Crude Oil Prices Settle Higher as Crude Supplies Fall for 5th Straight Week

Investingcom Crude oil prices settled higher on Wednesday after data showed crude stockpiles fell for the fifth straight week below expectations for rise of 19 million barrels while supplies of distillate the class of fuels that includes
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