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Economy

Economic Data (USA)

Wednesday, March 08, 2006

Crude Oil Inventories Report for Week of March 3, 2006

The Crude Oil Inventories report for the week of March 3, 2006 was released this morning:

Actual: +6,800,000 Barrels

The above figure represents the weekly change in crude oil inventories for the United States.

Diminishing crude oil inventories can often translate to higher crude oil prices (and vice versa), but not always.

The report is produced by the Energy Information Administration (EIA).


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