Oil and Gas Investing News » Oil set for 5 percent weekly gain on U.S. demand

Oil set for 5 percent weekly gain on U.S. demand

July 9, 2010 @ 1:18 pm In Other Editorial

Ibtimes.com reported that Oil set for 5 percent weekly gain on U.S. demand:

Oil inventories at the U.S. Cushing, Oklahoma, crude oil hub, the delivery point for NYMEX futures, fell more than 350,000 barrels in the week to July 6 to 38.9 million barrels, figures from energy industry data provider Genscape showed on Thursday.

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[1] Click here to access the entire Editorial: http://www.ibtimes.com/articles/20100709/oil-set-forpercent-weekly-gain-ons-demand.htm