Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.
Author: Rabindra Samanta
Rabindra Samanta has worked with Market Realist since 2015, focusing on the energy sector. He completed a post-graduate diploma in business management in 2014.
Yesterday, Pershing Square Capital Management filed its 13F. In the third quarter, Berkshire Hathaway (BRK-B) (BRK-A) was Bill Ackman's only buy.
The EIA released its inventory report at 10:30 AM ET. WTI crude oil prices rose around 0.4% at 11:31 AM ET from their last closing level.
At 11:46 AM ET, US crude oil prices were up 0.7% from the last trading session. The EIA plans to release its inventory report tomorrow.
In the week that ended on November 8, WTI crude oil prices rose 1.9% and closed at $57.24 per barrel. However, oversupply concerns limited the upside.