Futures Movers: Oil prices move up as prospects for an SPR release ease

Oil futures head higher in volatile trading Tuesday, as comments from U.S. House Majority Leader Steny Hoyer eased expectations that the U.S. will tap the Strategic Petroleum Reserve to help lower gasoline prices.

Oil futures head higher in volatile trading Tuesday, as comments from U.S. House Majority Leader Steny Hoyer eased expectations that the U.S. will tap the Strategic Petroleum Reserve to help lower gasoline prices.