Wednesday, July 11, 2007

Crude Oil Falls After U.S. Gasoline Inventories Increase for Second Week

(Bloomberg) -- Crude oil fell after an Energy
Department report showed that U.S. gasoline inventories rose for
a second week.

Gasoline stockpiles climbed 1.14 million barrels to 205.6
million in the week ended July 6, the report showed. Eighteen
analysts in a Bloomberg News survey expected an increase of
825,000 barrels, based on the median of estimates.


Read more at Bloomberg Commodities News

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