Wednesday, April 8, 2009

Crude Supplies Grow Less Than Expected


"Crude Supplies Grow Less Than Expected"
Oil prices rose Wednesday as stocks opened higher, and after a government report showed supplies of crude increased less than expected. In its weekly inventory report, the Energy Information Administration said crude stocks increased by 1.7 million barrels in the week ended April 3. Analysts expected an increase of 2.3 million barrels of crude oil, according to a consensus estimate of industry analysts....Complete Story

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