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Wednesday, June 28, 2006

Crude Realities: Crude Oil Futures Are Clinging To The $72 A Barrel Level

Crude realities: Crude Oil futures are clinging to the $72 a barrel level, as the Calcasieu Ship Channel in southwestern Louisiana, which serves four Oil refineries, remains closed due to an oil spill last week. This has traders concerned that U.S. Gasoline supplies may not be adequate going into the Fourth of July weekend. Read More....