Oil Inventories Out Today

Monday, October 12, 2009

Crude oil futures struggled to hold gains Wednesday in Asia ahead of U.S. government oil data that could show the country's crude stockpiles climbing further to multiyear highs.

The federal Energy Information Administration is expected to post a fifth straight weekly build in crude inventories. Sentiment turned cautious after the American Petroleum Institute late Tuesday reported a 6.5 million-barrel rise based on its own data.

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