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04-20-2016, 04:40 PM
Oil jumps 4 percent after stockpile data; dollar gains

[Reuters] - Oil prices jumped on Wednesday as government data showed U.S. crude stocks rose slightly less than expected last week, while the U.S. dollar advanced against the euro ahead of Thursday's European Central Bank meeting. Speculation that major oil producers would meet in Russia in May for another attempt at curtailing output also boosted oil prices. Moscow, however, denied media reports that Russia planned to host such a meeting.

Oil jumps 4 percent after stockpile data; dollar gains - Yahoo Finance (http://us.rd.yahoo.com/finance/news/rss/story/*http://finance.yahoo.com/news/asia-shares-touch-six-month-003120719.html)