GREY:LSTMF - Post by User
Post by
peplareon Mar 02, 2015 11:09am
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Post# 23479741
Genscape reported a smaller-than-expected build
Genscape reported a smaller-than-expected buildMarch 2 (Reuters) - U.S. crude futures turned positive on Monday after Genscape reported a smaller-than-expected build in the Cushing, Oklahoma delivery point for oil, market sources said.. . The front-month March delivery contract for U.S. West Texas Intermediate (WTI) crude was up 17 cents at $49.93 a barrel by 10:13 a.m. EST (1513 GMT). It went as high as $50.24 earlier, after a session low at $48.71.. . Oil services firm Genscape reported a 1.4 million barrel build in Cushing for the week through Feb. 27, the sources said. (Reporting By Barani Krishnan; Editing by Chizu Nomiyama)