Oil Pulls Back From Session Highs in Asia
March 14 2018 - 1:06AM
Dow Jones News
By Biman Mukherji
--Oil futures have retreated from morning highs in Asian trading
on Wednesday, leaving crude little change after fresh selling on
Tuesday.
--April light, sweet crude on the New York Mercantile Exchange
was recently up 6 cents at $60.77 a barrel in the Globex trading
session. May Brent fell 7 cents to $64.57.
--The American Petroleum Institute's reading of U.S. inventories
showed a slightly lesser-than-expected increase in crude stockpiles
and bigger-than-anticipated declines in distillates and gasoline.
Government data are due Wednesday.
Write to Biman Mukherji at biman.mukherji@wsj.com
(END) Dow Jones Newswires
March 14, 2018 00:51 ET (04:51 GMT)
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