US crude drops 1%, giving up the day's gains to settle at $51.15 [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
US crude drops 1%, giving up the day's gains to settle at $51.15 Oil gave up the day's gains heading into the settlement on Wednesday, after earlier drawing support from a report showing a drop in U.S. crude inventories, a cut in Libyan exports and an OPEC-led deal to trim output. U.S. crude stockpiles fell by 1.2 million barrels in the week to Dec. 7, the U.S. Energy Information Administration said, smaller than the draw reported by industry group the American Petroleum Institute on Tuesday and less than half the draw of 3 million barrels analysts had forecast. Gasoline inventories rose in the week, the EIA said. "The divergence from the large inventory decline reported by the API makes the report appear more negative than it actually was," said John Kilduff, a partner at Again Capital Management in New York. "The rebound in gasoline demand was notable, and should stay strong, now, into year-end, during the holiday shopping season." U.S. West Texas Intermediate crude futures ended W
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- 1/25/24 - Beat
CMCSA
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 3
- 4/15/24 - Form 8-K
- CMCSA's page on the SEC website