Oil futures rebounded after two days of losses due to mixed U.S. inventory data and the Fed’s rate cut. Crude prices are influenced by global supply surplus and steady demand, with geopolitical events as a wildcard, says Dennis Kissler of BOK Financial. EIA reported a 1.8 million barrel crude stock draw, offset by higher gasoline and diesel stocks.

Read more at Dow Jones & Company: Oil Futures Settle Higher in Choppy Trade