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U.S. Crude Oil Inventories Fall More Than Expected
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MarketWatch - Business
Oil prices end higher on light trading volume as supply drops more than expected
Oil prices settled higher Wednesday, on light trading volume ahead of the Independence Day holiday, after official U.S. data revealed a drop of more than 12 million barrels in crude inventories and a weekly rise in implied gasoline demand. -
CNBC - Business
Oil prices hold firm as large draw on U.S. crude, gasoline inventories signal uptick in demand
Gasoline prices are averaging $3.51 per gallon ahead of the Fourth of July holiday, up about 2 cents from last week. -
The Wall Street Journal - World
Saudi's Oil Price Cut to Asia Was Less Significant Than Predicted, DNB Says
Saudi Arabia’s price cut for its flagship Arab Light crude it sells to Asian customers was less significant than expected, according to DNB Markets. -
CBS News - Top stories
U.S. unemployment up to 4.1%, more jobs added than expected in June, labor report shows
The U.S. economy added 206,000 jobs in June, beating economists' expectations, according to the latest report from the Bureau of Labor Statistics. Meanwhile, the unemployment rate crept up to 4.1%, its highest point since 2021. Jeanna Smialek, ... -
BBC News - Top stories
Samsung expects profits to jump by more than 1,400%
The South Korean tech giant is benefiting from the AI boom which has lifted the prices of advanced chips. -
CNBC - Business
U.S. crude oil posts fourth straight weekly gain on solid demand outlook
U.S. inventory data shows a tightening market, with crude stocks declining by 12.2 million barrels last week. -
Yahoo News - World
Brazil's industrial output falls less than expected in May
Brazil -
CBS News - Top stories
More than 70 million people expected to travel for July 4th
AAA says 70.9 million people will be traveling at least 50 miles this week for the Fourth of July, with 60 million moving by car. CBS News Boston reporter Penny Kmitt has a look at the situation for flyers from Logan International Airport. -
Yahoo Sports - Sports
Pirates' Jared Jones expected to miss more than 2 weeks, says manager Derek Shelton
Pittsburgh Pirates rookie pitcher Jared Jones won't throw for approximately two weeks after going on the IL.
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