Oil prices are lower in overnight trading, taking back some of yesterday’s gains. The confirmation that Federal Reserve easing measures will remain in place for the foreseeable future caused prices to rally. The weekly inventory report was also helpful: it showed a decline in crude oil and gasoline inventories. Crude oil supplies remain robust, but gasoline inventories are tight.
This content is for Trading/Hedging Consultation Package members only.
Register
Register
Already a member? Log in here