Archive for February 26th, 2009
Crude Oil Rises Above $42.50 a Barrel
Posted on26. Feb, 2009 by admin.
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Crude Oil climbed 6% to above $42 a barrel on Wednesday, after a U.S. government report showed a sharp drop in gasoline inventories in the world’s top energy consumer. The U.S. Energy Information Administration (EIA) reported a 1.7% rise in demand for fuel over the four weeks prior to February 20th. Further support for Oil [...]
