08/18/2011
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MARKET WATCH: Crude oil shrugs off bearish inventory report
Crude oil posted a gain of 1.1% Aug. 17, “shrugging off a bearish…inventory report” from the US Department of Energy, according to analysts in the Houston office of Raymond James & Associates Inc. “Moreover,” they said, “natural gas was able to break its four-session losing streak, finishing the day with a small gain.”