nnuut
Moderator | TSP Legend
$77.25 a barrel, I think that over $78 would be bad news for the Market.
08/09/2006 - Updated 12:00 PM ET
Crude tops $77 after supply dataGasoline stocks fall far more than expected; distillates in surprise decline
</IMG>By Mark Cotton, MarketWatch
NEW YORK (MarketWatch) -- Crude prices rallied Wednesday after supply data showing an unexpectedly large drawdown in gasoline inventories, in a market that is still trying to assess the impact on supplies of BP's decision to shut down a pipeline transporting crude out of the nation's largest oil field.
Crude for September delivery was up 94 cents at $77.25 a barrel. http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=Commodities&guid=%7B9566DDB4%2D1876%2D41C8%2DA4AD%2DFD5ECC6D2789%7D
08/09/2006 - Updated 12:00 PM ET
NEW YORK (MarketWatch) -- Crude prices rallied Wednesday after supply data showing an unexpectedly large drawdown in gasoline inventories, in a market that is still trying to assess the impact on supplies of BP's decision to shut down a pipeline transporting crude out of the nation's largest oil field.
Crude for September delivery was up 94 cents at $77.25 a barrel. http://markets.usatoday.com/custom/usatoday-com/html-story.asp?markets=Commodities&guid=%7B9566DDB4%2D1876%2D41C8%2DA4AD%2DFD5ECC6D2789%7D