Oil Futures End Higher In Choppy Session

By William L. WattsMarketWatch Pulse

Oil futures ended modestly higher Tuesday after moving between gains and losses throughout the trading session. West Texas Intermediate crude for May delivery on the New York Mercantile Exchange settled at $35.89 a barrel, a rise of 19 cents, or 0.5%. Analysts said oil struggled for direction as market participants await weekly U.S. supply data due Wednesday amid fading hopes that major producers, including Saudi Arabia and Russia, will agree to a production freeze at a meeting later this month. U.S. crude stockpiles likely grew by 2.9 million barrels in the week ended April 1, pricing provider Platts said, based on its survey of analysts

Copyright © 2016 MarketWatch, Inc.

Continue Reading Below