Oil prices climb with U.S. crude supplies down a fourth straight week
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 18 2024
0mins
Source: MarketWatch
Oil Futures Performance: Oil futures are set to gain after two consecutive losses, supported by U.S. data indicating a fourth straight weekly decline in domestic crude inventories.
Market Influences: Traders are also awaiting the Federal Reserve's interest rate decision for insights into future energy demand.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
