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Oil prices rise for 3rd straight session after report of falling US crude stockpiles
Oil prices rose for a third straight session on Wednesday as a reported fall in U.S. inventories bolstered expectations that the long-oversupplied market was moving toward balance. Brent crude futures were up 17 cents to $50.37 a barrel by 7:05 a.m. ET (1105 GMT). U.S. West Texas Intermediate futures climbed 28 cents to $48.17 a barrel. Both contracts rose to eight-week highs earlier in the session and rallied more than 3 percent on Tuesday. Click Read More below for more of the story.
AAA Daily Fuel Gauge Report for Friday, 4/30/21
National Average Price for Regular Unleaded Current: $2.895; Month Ago: $2.869; Year Ago: $1.772. National Average Price for Diesel Current: $3.080; Month Ago: $3.095; Year Ago: $2.445.
