Archive for April 25th, 2007


Wednesday Morning – Oil Inventory Day

Oil Invetory Report Expectations: Crude – down 1.2 million barrels. Bloomberg reports that not only do we have a glut of oil at Cushing but now we have one at the LOOP (Louisiana Offshore Oil Port) in the Gulf of Mexico. Storage facilities there are running close to full and scheduled deliveries may be delayed. […]

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