More Magic: Crude Oil Inventories & BP's Pipeline at 2006-09-01 22:48:27
The EIA released its inventory numbers for the week. Crude oil inventories had an unexpected build as imports increased last week to a second highest record. Gasoline stocks also had an unexpected build putting supply at about 5 percent above last year.
The problem with BP's Prudhoe Bay oil field pipeline is also being fixed.
Natural gas is trading slightly down this morning as mild weather is forecasted for most of the U.S.
Blog Source - http://www.johnmugarian.com/index.rdf
|