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Market Chatter: Oil Ends Higher as Crude Supplies Climb

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"Oil futures finished higher for a third day in a row on Wednesday," MarketWatch reported.

It said: "Data from the Energy Information Administration showed a climb in last week's crude supplies that was less than expected, but gasoline stockpiles unexpectedly rose. The Organization of the Petroleum Exporting Countries also cut its oil-demand forecast."

"May crude tacked on 44 cents, or 0.5%, to settle at $94.64 a barrel on the New York Mercantile Exchange. It had seesawed between gains and losses during the session."

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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