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Commodities Briefing - Categorized | Market Moves, Oil more

US energy sector up as crude inventories rise less than expected

Posted on 09 April 2009

From WSJ: U.S. energy stocks Wednesday perked up from earlier losses on the latest inventory data, with natural gas shares moving furthest into the green as the broad market moved up.

Crude inventories rose 1.7 million barrels in the week ended April 3, according to the latest figures from the Energy Information Administration. Analysts at energy information provider Platts had expected an increase of 2.3 million barrels. ….Full Article: Source


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