By Olivia Raimonde (Bloomberg) — Oil rallied for a fourth day as the pace of stockpile builds at the key U.S. storage hub slowed last week. Futures rose 3.1% in New York Monday, closing above $20, after Genscape reported a 1.8 million-barrel build in inventories in Cushing, Oklahoma, the delivery point for West Texas Intermediate crude. […]
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[post_date] => 2020-05-04 20:40:38
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[post_content] => By Olivia Raimonde (Bloomberg) — Oil rallied for a fourth day as the pace of stockpile builds at the key U.S. storage hub slowed last week. Futures rose 3.1% in New York Monday, closing above $20, after Genscape reported a 1.8 million-barrel build in inventories in Cushing, Oklahoma, the delivery point for West Texas Intermediate crude. […]
[post_title] => Oil Rallies as U.S. Crude Build Seen Slowing
[post_excerpt] => By Olivia Raimonde (Bloomberg) — Oil rallied for a fourth day as the pace of stockpile builds at the key U.S. storage hub slowed last week. Futures rose 3.1% in New York Monday, closing above $20, after Genscape reported a 1.8 million-barrel buil...
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