U.S. Crude Oil Inventory Build Suggests Stabilizing Market — Market Talk
Last week's unexpected increase in U.S. crude oil stockpiles as exports fell and refineries cut runs is "slightly bearish" for crude, but keeps upward pressure on gasoline prices, says David Russell of TradeStation. "Energy markets are tight but stabilizing," he says, "but it might be hard for crud…
S. crude oil stockpiles as exports fell and refineries cut runs is "slightly bearish" for crude, but keeps upward pressure on gasoline prices, says David Russell of TradeStation. "Energy markets are tight but stabilizing," he says, "but it might be hard for crud…