US crude surges 16% as inventories reportedly rise less than expected [CNBC]
Moody's Corporation (MCO)
Last moody's corporation earnings: 4/30 07:00 am
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Source: CNBC
Oil prices jumped on Wednesday following a report that showed a smaller-than-expected build in U.S. inventories. West Texas Intermediate for June delivery surged 17.10%, or $2.11, to $14.45 per barrel, while international benchmark Brent crude traded 4.8% higher at $21.49. The moves came after data from the American Petroleum Institute showed Tuesday that U.S. crude inventories jumped by 10 million barrels in the week to April 24 — to 510 million barrels, according to Reuters. That was lower than analysts' expectations of a build of 10.6 million barrels, Reuters reported. Still, in a note dated April 28, Moody's Investors Service said it was reducing its near-term oil price assumptions for WTI as well as Brent. "Exceptionally weak short-term prices will persist until production drops enough to ease the strain on storage facilities already operating at or close to full capacity," said Elena Nadtotchi, vice president and senior credit officer at Moody's. "Significant supply adjustment
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MCO
Earnings
- 10/23/25 - Beat
MCO
Sec Filings
- 12/3/25 - Form 144
- 12/2/25 - Form 4
- 12/1/25 - Form 144
- MCO's page on the SEC website