Skip to content

Oil Falls to Near $83 a Barrel Following Supply Report


 UPDATED:
9/28/2011 11:15:00 AM
Write a Letter to the Editor



Print This
 

Oil fell more than $1 Wednesday to near $83 a barrel following a Department of Energy report that showed supplies rose last week, Bloomberg reported.

Crude futures slipped to $83.15 a barrel on the New York Mercantile Exchange, down from Tuesday’s $84.45 closing price.

DOE said Wednesday that crude inventories improved 1.9 million barrels last week.

Gasoline stockpiles rose 800,000 barrels for the week ended Saturday, slightly below economists’ forecasts, Bloomberg reported.

Distillates, which include diesel, gained 72,000 barrels, well below the 400,000-barrel increase forecast, Bloomberg said.

Follow Transport Topics on RSS Twitter Facebook


 Print This
 


© 2011, Transport Topics Publishing Group. All rights reserved.

 

 

RELATED ARTICLES

Oil Falls to Near $83 a Barrel Following Supply Report (9/28/2011 11:15:00 AM)
Diesel Falls 4.7¢ to $3.786 in Third Straight Decline (9/27/2011 10:30:00 AM)
Gasoline Falls 12¢ in Two Weeks to $3.54, Lundberg Survey Says (9/26/2011 8:20:00 AM)
Diesel Average Drops 2.9¢ to $3.833 In Second Straight Weekly Decline (9/26/2011 1:30:00 AM)
Diesel Falls for Second Week, Declining 2.9¢ to $3.833; Gas Drops 6¢ to $3.601 (9/20/2011 8:45:00 AM)
Shell Sets Campaign to Boost Natural Gas; Plans LNG Plant, Distribution in Canada (9/19/2011 7:30:00 AM)
 

Click Here!

JOIN OUR NEWSLETTER
I agree to have my personal information transfered to MailChimp ( more information )
Join over 3.000 visitors who are receiving our newsletter and learn how to optimize your blog for search engines, find free traffic, and monetize your website.
We hate spam. Your email address will not be sold or shared with anyone else.
Tax, Accounting, Consulting - Emil Estafanous, CPA, CFF, CGMA