Markets

Market Chatter: Oil Scores Fourth Straight Session Gain

"Oil futures rose Tuesday, extending their climb to a fourth straight session, with traders optimistic over the outlook for energy demand," MarketWatch reported.

It said: "The year-to-date performance in the broader markets and overall strength in the U.S. dollar show improving economic expectations domestically, said Michael Peterson, managing director of energy research at MLV & Co."

It added: "April crude tacked on 48 cents, or 0.5%, to settle at $92.54 a barrel on the New York Mercantile Exchange. That was the highest settlement since Feb. 27, according to FactSet."

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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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