Crude oil inventories dropped by 2.4 million barrels, the Energy Department reports on Wednesday. Spartan Commodity Fund CEO Alan Harry tells TheStreet's Joe Deaux that despite the drawdown, investors were looking for an even larger inventory decline to make up for the glut of supply. Ultimately, Harry says he expects WTI oil to fall to the $94 to $95 range. Harry says warmer weather in the months ahead will turn the distillate market, which has benefited from a cold winter.
More from Video
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Breaking down an approach to the long side of this biotech stock.
AMSC CEO discusses that and China challenges.
One of pharma's biggest CEO's talks M&A action on the exchange.