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Wednesday, November 29, 2006

Crude Oil Soars!

Crude Oil soars on news of lower inventories. The Department of Energy reported this morning that crude inventories declined 360,000 barrels in the past week, pushing January crude oil futures $1.47 higher to settle at $62.47 per barrel. Finished gasoline stocks were also reported lower month over month, adding more bullish bias to todays report. Read More.....