Crude Prices Recover on Sizable Draws in Weekly Product Inventories
April WTI crude oil (CLJ25 ) today is up +0.50 (+0.75%), and April RBOB gasoline (RBJ25 ) is up +0.0092 (+0.42%). Crude oil and gasoline prices today recovered from early losses and are moderately higher. Short covering emerged in crude futures today after weekly gasoline and distillate inventories declined. Also,...