Futures Movers: Oil prices rise, taking cue from stock-market rally
Oil futures rose Tuesday, finding support as equity markets rose and as investors paid attention to potential for a tightening of the U.S. supply picture.West Texas Intermediate crude for September delivery
CL.1,
+1.64%
CL00,
+1.64%
was up 74 cents, or 1.8%, at $42.68 a barrel on the New York Mercantile Exchange, while the global benchmark, October Brent crude
BRNV20,
+1.26%
,
was 58 cents higher, up 1.3%, at $45.57 a barrel on ICE Futures Europe.Oil prices are taking their cue…
