Crude Oil Inventories Rise –

Crude oil inventories rose 1.9 million barrels last week and gasoline demand fell 2.4%.  Analysts had expected crude oil inventories to remain unchanged from the previous week.  The drop in demand and rising economic concerns forced crude oil prices lower in afternoon trading.  Crude oil dropped over $3 and closed below $82 a barrel. 

To read a related Associated Press article, please click here:

http://finance.yahoo.com/news/Oil-gives-up-most-of-its-apf-3347782159.html?x=0&sec=topStories&pos=5&asset=&ccode=

Jim Sutliff

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