Oil Down Before Inventories

Monday, October 12, 2009

Crude oil futures fell Wednesday in Asia as traders liquidated long positions on caution ahead of weekly U.S. government oil data expected to indicate that demand and supply fundamentals remain weak.

The federal Energy Information Administration will put out its Weekly Petroleum Status Report at 1430 GMT.

Oil Traders Blog is a website for active online oil futures traders. We provide research and relevant oil and energy related news for the oil trader or daytrader.

0 comments:

Post a Comment

free counters