Top Daily News
Oil prices cut losses after EIA says crude supplies rose 3.5 million barrels. Oil futures pared losses on Wednesday after the U.S. EIA reported a 3.5 million-barrel build in crude-oil supplies for the week ended Feb. 19. Recent comments from major oil producers have dimmed any hopes for production cuts.
Gold futures marked their highest settlement in more than a week on Wednesday as a U.S. report on home sales added nervousness in financial markets. Gold eyes 17% year-to-date gain.