News

Futures Movers

Oil futures edge higher. Photo: Brandon Bell/Getty Images

Oil futures rose Wednesday, taking back some of the ground lost the previous session as investors weighed President Donald Trump’s energy policies and tariff threats.

A weaker U.S. dollar, which has pulled back significantly from recent highs, also appeared to provide support. A weaker dollar can benefit commodities priced in the unit, making them cheaper to users of other currencies.

About the Author

William Watts is MarketWatch markets editor. In addition to managing markets coverage, he writes about stocks, bonds, currencies and commodities, including oil. He also writes about global macro issues and trading strategies. During his time at MarketWatch, Watts has served in key roles in the Frankfurt, London, New York and Washington, D.C., newsrooms.