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Crude and Oil Inventories

Posted: February 21, 2008 at 11:35 am by Chuck 

DOE CRUDE:  +4.2M V +2.5ME ;  GASOLINE:   +1.03M V +700KE

EIA NATURAL GAS INVENTORIES: -172 BCF VS. EXPECTED RANGE OF -170 TO -175 BCF

These numbers show a bit larger build than expected.  Oil is a volatile play, because it’s not just about build numbers, but global political concerns matter, too. 

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