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Top Forum PostsPoll: Gas Storage Estimates For 9/9 ReportGas Storage EstimatesRig CountContango and BackwardationEIA-914 Data |
Featured ArticlesSep 06, 2010US OIL ROUNDUP: Crude Up Amid Bargain BuyingFeb 08, 2010 [Dow Jones] Crude oil futures in NY rose Monday, despite strong USD, falling U.S. stocks, healthy inventories, driven by bargain buying. March Nymex crude settled up 70 cents, or 1%, at $71.89/bbl; ICE Brent crude settled up 52 cents, or 0.8%, at $70.11; DJIA down 1.0%. USD rose to 8-month high vs EUR amid concerns about fiscal health of some nations, and U.S. stocks fell, led by financials such as Bank of America, Wells Fargo, J.P. Morgan Chase, but crude futures buyers took advantage of prices which at lowest levels in nearly 2 months, pushing prices higher. (CLS) |
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