Representative imageOil prices slipped after climbing over 2% overnight to seven-week highs, following a surprise drop in US crude inventories that raised supply concerns amid export issues in Iraq, Venezuela, and Russia.S&P 500 futures and Nasdaq futures edged up 0.1% ahead of remarks from Federal Reserve officials, which investors will watch closely for guidance on interest rates.San Francisco Fed President Mary Daly said further rate cuts will likely be needed, though the timing remains uncertain. Fed Ch ...

Oil prices edged down on Tuesday after surging nearly 2% in the previous session, as traders kept a close watch on developments in the Russia-Ukraine conflict. Anton Petrus | Moment | Getty ImagesOil prices gained ground on Tuesday, as Ukraine war escalations raised questions over the resilience of Russian supplies, while uncertainty lingers over the impact of Washington's policies on key oil consumers.Brent futures with November expiry were at $69.46 per barrel at 10:54 a.m. London time ( 5:54 a.m. E.T.), ...