Retailers Rise –

Oil jumped as much as four dollars today due to an inventory surpise and a weaker dollar.  Crude oil inventories fell 400,000 barrels and gasoline stocks fell 6.4 million barrels.  These numbers were not in line with expectations.  The weaker dollar also did not help matters for oil prices.  Even with the rise, oil is still more than $30 off its high of $147 dollars. 

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James Sutliff

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