Wednesday, February 14, 2007

Crude Awakenings

Interesting set of numbers out of the DOE:

Crude inventories fell 589,000 barrels vs an expected rise of 1 mln. Gasoline inventories fell by over 2 mln varrels vs an expected rise of 2 mln. Distillates slumped 3.02 mln but a 1 mln less than the 4 mln draw that was expected.

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