Oil Gains as Crude Inventories Deplete
Paramount Options President Ray Carbone tells TheStreet's Joe Deaux Wednesday's Fed statement could give crude a jolt in either direction.
Oil prices gain slightly as inventories decrease. Paramount Options President Ray Carbone tells TheStreet's Joe Deaux oil is trading in a tight range and markets are not reacting to the oil inventory drop. Oil is likely to remain flat through 2013, but Wednesday's Fed statement could give crude a jolt in either direction.
