Oil ends lower, traders await supply news

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.

Read the article on MarketWatch.com

  • Summit Energy

  • © 2010 Summit Energy Services. All rights reserved.

10350 Ormsby Park Place • Suite 400 • Louisville, KY 40223 • (866) 90 SUMMIT