Crude Dips Ahead of Expected Soft GDP Data

Apr. 28, 2011 02:07PM PST

Reuters reports that on Thursday, U.S. crude oil futures traded low.

The market news is quoted as saying:

Crude futures continue to find support from strong U.S. gasoline futures RBc1 after Wednesday’s report from the Energy Information Administration showed gasoline inventories fell for the 10th week in a row last week, dropping to their lowest level since August 2009.

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