Wall Street ends directionless ahead of major corporate results
July 26, 2022Treasury Yields Decline Amid Recession Fears
July 26, 2022US benchmark oil prices are rising for a second consecutive session, climbing 2% to $98.60 a barrel. Peter Cardillo at Spartan Capital says in an email that crude’s gains are mainly due to supply fears resurfacing, but also says a huge rally in natural gas prices may be boosting energy commodities in general. For today, investors will be watching for a weekly report from trade group API on US oil inventories. API’s results often come close to mirroring the official EIA data released Wednesday mornings.