NEW YORK (Dow Jones)--Oil futures crept higher Wednesday after an industry group said U.S. oil supplies fell last week, while attention turned to the U.S. government's more closely watched inventory report due later in the day.
Light, sweet crude for March delivery rose 30 cents, or 0.4%, at $87.24 a barrel a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange added 58 cents, or 0.6%, at $100.50 a barrel.
Futures prices were lifted after American Petroleum Institute late Tuesday reported a surprise 600,000-barrel ...
http://online.wsj.com/article/BT-CO-20110209-710189.html
Light, sweet crude for March delivery rose 30 cents, or 0.4%, at $87.24 a barrel a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange added 58 cents, or 0.6%, at $100.50 a barrel.
Futures prices were lifted after American Petroleum Institute late Tuesday reported a surprise 600,000-barrel ...
http://online.wsj.com/article/BT-CO-20110209-710189.html