Oil futures end higher ahead of weekly data on U.S. petroleum supplies

Oil futures finished higher on Tuesday, ahead of Wednesday's data on U.S. petroleum supplies from the Energy Information Administration that are expected to reveal a seventh straight weekly decline in domestic crude inventories. On average, analysts polled by S&P Global Platts expect the EIA to report a decline of 3.8 million barrels in crude supplies for the week ended Sept. 17. On its expiration day, West Texas Intermediate crude for October delivery rose 27 cents, or 0.4%, to finish at $70.56 a barrel on the New York Mercantile Exchange. November WTI oil , which is now the front-month contract, added 35 cents, or 0.5%, to settle at $70.49. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Oil futures end higher ahead of weekly data on U.S. petroleum supplies
Oil futures finished higher on Tuesday, ahead of Wednesday's data on U.S. petroleum supplies from the Energy Information Administration that are expected to reveal a seventh straight weekly decline in domestic crude inventories. On average, analysts polled by S&P Global Platts expect the EIA to report a decline of 3.8 million barrels in crude supplies for the week ended Sept. 17. On its expiration day, West Texas Intermediate crude for October delivery rose 27 cents, or 0.4%, to finish at $70.56 a barrel on the New York Mercantile Exchange. November WTI oil , which is now the front-month contract, added 35 cents, or 0.5%, to settle at $70.49. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.