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Sept. 29, 2021, 2:36 p.m. EDT

Oil futures end lower on rise in U.S. crude supplies, strength in the dollar

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By Myra P. Saefong


Oil futures ended with a loss on Wednesday, pressured by the first weekly climb for U.S. crude inventories in eight weeks, as well as strength in the U.S. dollar, with the U.S. ICE U.S. Dollar Index /zigman2/quotes/210598269/delayed DXY +0.06% at its highest levels in about a year. West Texas Intermediate crude for November delivery fell 46 cents, or 0.6%, to settle at $74.83 a barrel on the New York Mercantile Exchange. Prices, based on the front-month contracts, were down a second straight session, after finishing Monday at their highest since October 2018, according to Dow Jones Market Data.

US : U.S.: ICE Futures U.S.
+0.05 +0.06%
Volume: 0.00
Dec. 2, 2021 12:16p

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