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Crude Oil Markets Tread Water, Rally Losing Steam
UPI ^ | February 21, 2015 14:58 GMT | Daniel J. Graeber

Posted on 02/20/2015 11:29:27 PM PST by Up Yours Marxists

NEW YORK, Feb. 20 (UPI) -- Oil prices were treading water early in the Friday session as markets weighed latest inventory data and production figures from the United States.

The price for West Texas Intermediate crude oil, the U.S. benchmark, was relatively unchanged from the previous session to trade at $51.10 for the March contract. WTI has recovered from late January lows below $45 per barrel and have rallied for most of February.

(Excerpt) Read more at upi.com ...


TOPICS: Business/Economy
KEYWORDS: crude; northdakota; oil; texas

1 posted on 02/20/2015 11:29:28 PM PST by Up Yours Marxists
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To: Up Yours Marxists

There is no demand.


2 posted on 02/21/2015 12:44:36 AM PST by VRWC For Truth (Roberts has perverted the Constitution)
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To: VRWC For Truth

FYI:

Towering Inferno as Largest hotel in DUBI goes up in flames

Video...

http://abcnews.go.com/International/dubai-torch-tower-ablaze-dramatic-video/story?id=29117236


3 posted on 02/21/2015 12:46:20 AM PST by caww
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To: VRWC For Truth

Here at Exxon we pursue a long range plan
Here at Exxon ‘cause the future just began


4 posted on 02/21/2015 6:43:38 AM PST by MSF BU (Support the troops: Join Them.)
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