Nymex Overview : Gasoline Futures Rise Following EIA Report -- OPIS marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Petroleum futures were higher, leaving them following a pattern set over the last several sessions where buyers step in after an early selloff. Crude futures were also seeing support Tuesday.
In the short term, oil markets face volatility and potential upside from geopolitical tensions in the Middle East, but the expectations of tighter monetary policy for longer keeps a lid on the rally