Commodity Blog |
| Oil Fails to Rise Despite Decreasing Inventories Posted: 20 Mar 2013 08:42 AM PDT Crude oil contracts are currently trading near their opening levels as the markets are torn by uncertainty regarding the bail-out measures for the faltering economy of Cyprus. Declining inventories in the United States turned out to be of little help to the oil bulls. The crude oil inventories report for the week ending March 15 has shown an unexpected drop of 1.3 million barrels, while the market participants expected an increase by 1.8 million barrels. Such [...] |
| You are subscribed to email updates from Commodity Blog To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
No comments:
Post a Comment