Oil futures edge lower early Wednesday as traders await an official read on U.S. crude inventories.
Oil futures edged lower early Wednesday as investors awaited an official reading on U.S. crude inventories, while Saudi Arabia, as expected, affirmed its plan to extend a production cut of 1 million barrels a day through year-end.
But crude is expected to remain underpinned by concerns over tight supplies. The production cut by Saudi Arabia, first implemented in July and subsequently extended, has been cited as a key driver of the oil rally.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Weird Facts About Oil and Oil Spills - Podcast: Episode 69When it comes to oil spills and their impacts on marine environments, water and oil don’t mix. In this episode, we chat with an oil spill response expert and share some weird facts about oil and oil contamination.
Read more »
Israel ambassador warns UN 'contaminated' by antisemitism, says peace with Saudis can 'transform' regionIsraeli Ambassador to the United Nations Gilad Erdan argued in an interview with Fox News Digital that there are numerous examples of antisemitism within the U.N.
Read more »
Iran says it has agreed with Saudis to reschedule Asian Champions League soccer match after walkoutIran says it has agreed with Saudi Arabia to reschedule an Asian Champions League match after the Saudi team walked out at the last minute
Read more »
Iran says it has agreed with Saudis to reschedule Asian Champions League soccer match after walkoutIran says it has agreed with Saudi Arabia to reschedule an Asian Champions League match after the Saudi team walked out at the last minute.
Read more »
Commodities Week Ahead: Oil Bulls Wish for More OPEC Magic as Greyer Q4 DawnsCommodities Analysis by Investing.com (Barani Krishnan) covering: Brent Oil Futures, Crude Oil WTI Futures, ProShares UltraShort Bloomberg Crude Oil, ProShares Ultra Bloomberg Crude Oil. Read Investing.com (Barani Krishnan)'s latest article on Investing.com
Read more »
5 Economic Trends That Will Drive the Market in Q4Market Overview Analysis by MarketBeat.com (Thomas Hughes) covering: Crude Oil WTI Futures, Heating Oil Futures, ProShares UltraShort Bloomberg Crude Oil, ProShares Ultra Bloomberg Crude Oil. Read MarketBeat.com (Thomas Hughes)'s latest article on Investing.com
Read more »