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Home Front: Economy |
weekly Oil drawdown bad but not as bad as feared |
2005-09-08 |
...Crude stocks fell by 6.4 million barrels, gasoline stocks fell by 4.3 million barrels and stocks of distillates decreased by 800,000 barrels, according to the Energy Information Administration. Analysts were looking for a drop of 6.4 million barrels of crude, 6.2 million barrels of gasoline and 2.6 million barrels of distillates, according to Reuters... What the report doesn't show is any change in consumption. That's because its essentially impossible to calculate. |
Posted by:mhw |