Economic Data Drives Oil Higher –

Economic data sent oil prices higher in trading on Tuesday.  Housing starts and building permits rose and data from Europe looked strong.  Also, supplies of crude oil fell 4.6 million barrels last week which was higher than analyst expectations.

To read a related Reuters article, please click here:

http://www.reuters.com/article/2011/12/20/us-markets-oil-idUSTRE7AD06820111220

Jim Sutliff

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