Oil Settles Higher on API’s Inventory Draw

Alan Apthorp
Daily Market News & InsightsDaily Market News & Insights

Despite a slow start yesterday morning, oil prices closed the session a few cents higher than Monday’s close, putting prices at the top of its recent $63-$66 range.  Today, prices are trading sideways/slightly lower, recovering from the rally over the past two days. The API released their weekly inventory data, which echoed the market’s expectation […]

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