Showing posts with label Oil Prices; U.S. Data; U.S. Energy Information Administration. Show all posts
Showing posts with label Oil Prices; U.S. Data; U.S. Energy Information Administration. Show all posts

Wednesday, August 03, 2016

Oil Recovers After Slide, Eyes On Glut Before U.S. Data

Royal Dutch Shell barrels
Oil edged higher on light short-covering on Wednesday after plumbing April lows the previous day, with investors warily eyeing a market believed to be oversupplied despite expectations of a drop in U.S. crude stockpiles.