Commodities

Oil Slides 2-Week Low on U.S. Gasoline Build

Oil fell to a two-week low on Wednesday, after a surprising build in U.S. gasoline inventories and a rise in domestic crude output that is partially offsetting cutbacks by other countries trying to reduce a global glut.

Goldman Sachs, J&J Pull Wall Street Lower

The S&P 500 fell for the fourth time in five sessions on Tuesday, weighed down by a drop in Goldman Sachs and Johnson & Johnson following their quarterly results, while geopolitical tensions added to investor caution.

Oil Near Flat in Strong Week for Crude

Oil prices were little changed on modest volume on Thursday, in a week in which crude benchmarks recouped more of March's losses on increased hopes world supply and demand were nearing balance.