Oil Inventory Declines –

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.

To read an article by The Street, please click here:


James Sutliff

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