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Wall St. set to open higher as oil prices continue rise

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Traders work on the floor of the New York Stock Exchange September 22, 2015. REUTERS/Brendan McDermid

(Reuters) - Wall Street was set to open higher on Wednesday as crude oil prices rose for the fourth day in a row, with Brent crude on track to post its best 4-day run in more than a month.

Brent crude and U.S. light crude were up nearly 2 percent after data showed a fall in U.S. inventories after two years of surplus.

Shares of Dow components Exxon and Chevron were up more than 1 percent premarket. The S&P energy index was the biggest gainer on Tuesday among the 10 major S&P sectors.

Global stocks were also boosted on Wednesday by mining and energy shares as investors bought into the prospect of continued support from the world's central banks.

Expectations that the Federal Reserve will lift interest rates off near-zero levels...


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