Crude oil prices are likely to be supported early Wednesday by the surprise API drawdown as investors await the release of the weekly U.S. Energy Information Administration report at 14:30 GMT.

Crude stuck to the bottom of its two-week range, holding above its 20-day moving average. Losses on Monday came on heightened trade concerns, with a glob al trade war likely to crimp crude demand. In ...

Bollinger Bands Trading Strategies: How to Read Volatility, Identify Market Regimes, and Trade with a Statistical Edge Crude oil futures rise as API reports a 2.42M-barrel inventory draw; EIA data now ...

The American Petroleum Institute (API) has reported a sizable draw on U.S. crude oil inventories, down 7.4 million barrels over the previous week—a much larger draw that expected, and the fifth draw ...