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Commodities Briefing - Categorized | Oil, Price Watch more

Oil trades near $36 after bigger-than-expected jump in supplies

Posted on 12 February 2009

From Bloomberg: Crude oil traded near $36 a barrel after dropping to the lowest in four weeks yesterday as a U.S. government report showed a bigger-than-expected increase in inventories.

Supplies rose 4.72 million barrels to 350.8 million barrels last week, the Energy Department said….. Full Article: Source


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