Inventory of crude oil declined 2.2 million barrels today which was a major difference from analysts expectations. A Platts survey indicated that an increase of 1.6 million barrels would be in the released data. The news sent crude over the $86 dollar a barrel mark and has energy investors watching the natural gas data to be released tomorrow. Natural Gas inventories may not follow crude and could post a significant increase on Thursday regardless of the crude oil numbers.
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James Sutliff