Oil ends lower, traders await supply news
Submitted by Kate on September 18, 2012 - 11:31am
MarketWatch
Crude-oil futures fell Tuesday, ailing from a dramatic tumble in the prior session and as traders braced for a supply report later in the week expected to show an increase in crude inventories. Last week’s U.S. Federal Reserve’s stimulus decision started to fade and markets were having a “risk off” session, said Matt Smith, an analyst with Summit Energy, in a note to clients.
