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Oil hovers above $91 as traders eye crude supplies

Oil hovers above as traders eye crude supplies
Oil prices hovered above a barrel Wednesday in Asia ahead of reports that may show a third week of U.S. crude inventory reductions, a sign demand is improving.
Read more on AP via Yahoo! Finance

Stocks Little Changed Even Amid Strong Economic Data – U.S. Commentary
(RTTNews) – Stocks are showing little reaction to substantially improved economic reports in mid-morning trading on Thursday, including a jobless claims number at its lowest level since 2008. A reading on Chicago-area business activity reached its best level in over two decades, while pending home sales also surprised to the upside.
Read more on INO News

Posted in Asia.

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