Energy & Utilities Roundup: Market Talk

Energy & Utilities Roundup: Market Talk · The Wall Street Journal

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1544 ET – Crude oil futures end moderately higher in a week of ups and downs marked by fluctuating expectations around Israel’s planned response to last week’s Iranian missile attack. In the U.S., the EIA reported a bigger-then-expected weekly build in crude oil stocks, and also cut its global demand growth estimate for next year to 1.3 million barrels a day from 1.5 milion barrels a day. WTI settles down 0.4% at $75.56 for a 1.6% weekly gain, and Brent falls 0.5% to $79.04, up 1.3% on the week.