Wednesday, February 11, 2009

Crude futures rebound ahead of U.S. petroleum inventories data

Date: Wed, Feb 11, 2009 at 9:20 AM


Crude-oil futures move up nearly 2%, erasing a portion of Tuesday's
weakness, as traders await data expected to show U.S. crude supplies
higher last week. Traders also digested the International Energy
Agency's latest revision on oil demand, again cutting its forecast.


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