Oil Prices Steady While Saudis Cover Supply
Light sweet crude settled at $48.97 up 36 cents for the day on Tuesday after dropping to $47.60 on Monday. Prices steadied…
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Light sweet crude settled at $48.97 up 36 cents for the day on Tuesday after dropping to $47.60 on Monday. Prices steadied…
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The United States Treasury has given China six months to make its currency more flexible, or it will name the country as a "manipulative trading partner" in its report to congress.
Oil futures traded up at midday on Tuesday even though U.S. inventories are expected to have increased in the weekly Dept. of Energy report tomorrow and OPEC promises to keep supplies up for the coming months.