Oil prices rose Tuesday in Asia
as investors eyed the possibility that OPEC may cut
production just ahead of the second quarter, when gasoline
demand in the Northern Hemisphere usually becomes the
central focus of the market, AP reported
An (...)
quarter shortages," said Christopher Bellew of Bache Financial. "Even people who have been bearish prefer to sit on the sidelines, rather than to sell."
News of the storm had a bigger impact on product futures than on crude, driving U.S. heating (...)
