Oil Investors Turn Focus to Inventories as Demand Fears Linger

As a rocky August in financial markets wraps up, energy investors are looking ahead to Wednesday figures on U.S. crude-oil stockpiles that could impact expectations for excess supply moving forward.

Higher inventories have kept a lid on oil prices and stoked fears that slowing demand and steady production will result in a glut of oil. Those worries have pushed down oil prices about 7.3% this month, though U.S. crude rose 1.3% Tuesday to $54.31 a barrel as the dollar fell. A weaker dollar makes commodities denominated in the…

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