Financials Overtake Bearish Fundamentals as Crude Ends Higher

摘要

Bearish gasoline inventory data dragged Nymex crude oil futures lower early on Wednesday, but a weaker dollar and higher equities pulled the benchmark into positive territory by the close. The July Nymex contract finished the day up 56￠ at $71.03 per barrel, while August Brent on ICE Futures ended 61￠ higher at $70.85/bbl.