nnuut
Moderator | TSP Legend
Feb. 8, 2012, 1:28 p.m. EST
Oil holds to gains after U.S. supply data
By Claudia Assis and V. Phani Kumar, MarketWatch
SAN FRANCISCO (MarketWatch) — Crude-oil futures rose Wednesday after a weekly government inventories report showed a smaller-than-expected increase in supplies, but they trimmed gains as the data contrasted with a trade group’s earlier report of a steep decline.
Light, sweet crude for delivery in March rose 59 cents, or 0.6%, to $99 a barrel on the New York Mercantile Exchange. It traded as high as $100.09 a barrel earlier, and as low as $98.17 a barrel.
http://www.marketwatch.com/story/cr...ity-gains-2012-02-08?link=MW_home_latest_news
Oil holds to gains after U.S. supply data
By Claudia Assis and V. Phani Kumar, MarketWatch
SAN FRANCISCO (MarketWatch) — Crude-oil futures rose Wednesday after a weekly government inventories report showed a smaller-than-expected increase in supplies, but they trimmed gains as the data contrasted with a trade group’s earlier report of a steep decline.
Light, sweet crude for delivery in March rose 59 cents, or 0.6%, to $99 a barrel on the New York Mercantile Exchange. It traded as high as $100.09 a barrel earlier, and as low as $98.17 a barrel.
http://www.marketwatch.com/story/cr...ity-gains-2012-02-08?link=MW_home_latest_news