Oil Little Changed Despite Reading of Higher U.S. Supplies
January 23 2018 - 11:55PM
Dow Jones News
By Biman Mukherji
--Oil futures were down slightly in Asian trading Wednesday,
holding on to overnight gains that put the U.S. price benchmark at
fresh three-year highs.
--March light, sweet crude on the New York Mercantile Exchange
was recently down 1 cent at $64.46 a barrel in the Globex trading
session. March Brent fell 11 cents to $69.85.
--The market held up despite the American Petroleum Institute
saying late Tuesday in that U.S. crude supplies rose last week by
its count. That contrasts with another decline anticipated in the
government's weekly reading on Wednesday.
Write to Biman Mukherji at biman.mukherji@wsj.com
(END) Dow Jones Newswires
January 23, 2018 23:40 ET (04:40 GMT)
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