2 weeks Oil Holds Near $53 as Rally Pauses Amid Rising Fuel Stockpiles Financial Post
(Bloomberg) — Oil opened little changed in New York as a new year rally that pushed prices to the highest level in 10 months halted after U.S. fuel stockpiles expanded, offsetting another decline in crude inventories. Futures traded near $53 a barrel after snapping a six-day advance in Wednesday’s session. Stockpiles of gasoline and distillates […]