Oil advanced after EIA reported a drop in U.S. stockpiles as opposed to an expected increase. The Federal Reserve statement prompted a moderate US dollar gain.
Oil climbed after EIA reported a surprise stockpile drop
Copper stayed elevated while Chinese... (full story)
Phil Flynn - The PRICE Futures Group - Wed Jul 29, 9:25AM CDT
While Secretary of State John Kerry defended lifting sanctions on Iran the question came up as if we should lift the sanctions on U.S. oil exporters. Senator Murkowski, of Alaska, brought the issue to the forefront by asking the question that “if we are going to allow Iran to sell their oil... (full story)