Connect with us

Hi, what are you looking for?

Markets

Oil settles lower as an ‘adjustment’ contributes to a nearly 8 million-barrel weekly U.S. crude supply climb

Oil futures settled lower on Wednesday after official U.S. data revealed across-the-board weekly increases in petroleum supplies, with an “adjustment” to the data contributing to a nearly 8 million-barrel rise in crude stockpiles.

Prices for oil extended their decline to settle near the session’s lows after the Federal Reserve announced a decision to hold its benchmark interest rate steady, but indicated that its not done with its rate-hiking cycle.

Price action

Supply data

The…

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published.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

You May Also Like

Uncategorized

Blogs Renault – 2 Constructors’ headings, 2 Rider headings: golf betting betway McLaren – 9 Constructors’ titles, twelve Driver headings FIA releases F1 2025...

Uncategorized

Urządzenia tego typu, zwłaszcza przy wersji demo, potrafią prosto przedłożyć zawodników do norm hazardu sieciowy. Teraz slotów jest na gałęzi tabun, najpozytywniejsze spośród nich...

Uncategorized

Articles Wonder Competitors: All Up coming Characters, Team-Ups and you will Maps Master Shark Faq’s: Ways to Your Greatest Questions relating to Wazdan’s Preferred...