Oil futures finished higher on Tuesday, ahead of Wednesday's data on U.S. petroleum supplies from the Energy Information Administration that are expected to reveal a seventh straight weekly decline in domestic crude inventories. On average, analysts polled by S&P Global Platts expect the EIA to report a decline of 3.8 million barrels in crude supplies for the week ended Sept. 17. On its expiration day, West Texas Intermediate crude for October delivery rose 27 cents, or 0.4%, to finish at $70.56 a barrel on the New York Mercantile Exchange. November WTI oil , which is now the front-month contract, added 35 cents, or 0.5%, to settle at $70.49.
Sept. 21, 2021, 2:38 p.m. EDT