![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
Oil Prices * USA - Drop on sharp jump in supply
New York,NY,USA -The Associated Press, by JOHN WILEN -6 Feb 2008: -- Oil futures dropped Wednesday after the government reported unexpectedly large jumps in supplies of crude oil and gasoline and a surprise increase in stocks of heating oil... Coming amid anxiety about the economy's health, and concerns that demand for oil and gasoline is falling, the inventory report reinforced a growing view that oil and petroleum product supplies are adequate... In its weekly inventory report, the Energy Department's Energy Information Administration said crude oil inventories jumped by 7 million barrels last week, nearly triple the 2.6 million barrel increase that analysts surveyed by Dow Jones Newswires had expected... (Photo: Jump in crude supplies sparks drop in oil futures)Labels: oil prices
posted by Unknown @ 7:47 PM
0 Comments:
Post a Comment
<< Home