04.03.2009 - Oil steady above $41 as investors eye inventories
From IHT: Oil prices were steady above $41 a barrel Wednesday in Asia as investors looked to a U.S. crude inventory report later in the day for signs of demand amid the worst recession in decades. Benchmark crude for April delivery fell 26 cents to $41.39 a barrel by midmorning in Singapore on the New York Mercantile Exchange. Prices rose $1.50 to settle at $41.65 on Monday..... Full Article: Source