Wednesday, August 5, 2009

Oil Falls on Supply Report

Crude oil futures continued falling this morning after the U.S. Energy Department posted stockpile reports. September crude oil for fell 81 cents, or 1.1 percent, to $70.61 a barrel on the New York Mercantile Exchange. Oil traded at $70.73 before the release of the report out of Washingtonat 10:30 a.m.

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