<< Read Full Article
<< Read Full Article
Oil prices, which got an early lift Wednesday thanks to Tropical Storm Gustav, continued to rise after a weekly government report revealed a surprise drop in U.S. crude supplies.
The Energy Information Administration reported stockpiles fell by 100,000 barrels to 305.8 million barrels for the week ended Aug. 22. Analysts were expecting an increase.
The price of light, sweet crude for October is trading up $2.03 at $118.30 on the New York Mercantile Exchange. The U.S. Oil Fund (USO Quote), an exchange-traded fund that tracks the commodity, was rising 1.5% at $95.26. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,471.58 | 1,108.86 | 2,175.81 | 32.75 |
Oil *
79.69
|
|
UP
126.74
|
UP
13.23
|
UP
31.21
|
UP
0.74
|
10 Yr
3.28%
SPDR Gold
117.38
|
|
+1.23%
|
+1.21%
|
+1.46%
|
+2.31%
|
Data delayed 20 minutes |
Connect with TheStreet