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Forex News: Crude inventories higher than expected.

Posted by Greg Michalowski on Wed, 04/30/2008 - 10:33am in
  • Crude +3.85 M versus +1 M Expected
  • Gas: -1.48 M vs -1.48 Exp
  • Distillates +1.13 M vs Unc Exp
  • Utilization Rate 85.4% versus 85.9 Exp

Should be bearish for oil.

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