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Crude Falls, Inventories Drop, So Does Demand
Doug Casey (September 25th, 2008) Writes:
In the energy market Wednesday, crude for November delivery pushed past $109, but then declined to close at $105.73/barrel, down 88 cents. In its weekly inventory report, the Energy Information Administration said that crude stocks were down 1.5 million barrels for the week ending September 19, bringing the total decline to 15.7 million barrels in five weeks.
Tags for this Post:
cents, contrarian profits, energy information administration, energy market, Hurricane Ike, Linda Rafield, Market Commentary, Oil, Platts, USD
cents, contrarian profits, energy information administration, energy market, Hurricane Ike, Linda Rafield, Market Commentary, Oil, Platts, USD
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