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Oil Rises a Second Day in New York on Forecast U.S. Supply Drop
Business Week reported that crude oil surged for a second day on forecast that stockpiles dropped in the U.S.
Business Week reported that crude oil surged for a second day on forecast that stockpiles dropped in the U.S.
The market news is quoted as saying:
The Energy Department may say crude inventories dropped to 350.1 million barrels last week, according to the median of 10 analyst estimates in a Bloomberg News survey. Gasoline supplies probably fell 500,000 barrels to 208.3 million, the survey shows. The industry-funded American Petroleum Institute will release its own data today.
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MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 2178.27 | -5.32 | |
Silver | 24.45 | -0.05 | |
Copper | 3.92 | -0.01 | |
Oil | 78.09 | +0.16 | |
Heating Oil | 2.65 | 0.00 | |
Natural Gas | 1.75 | -0.01 |
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