Oil futures fall ahead of data on petroleum supplies

NEW YORK (MarketWatch) — Oil futures fell early Wednesday, as traders awaited the latest data on U.S. petroleum supplies due later in the session. Crude for December delivery, which expires at the end of trading on Thursday, dropped 49 cents to $53.90 a barrel in electronic trading on Globex. January crude fell 38 cents to $54.39 a barrel.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Original post by Forextvblog

This entry was posted on Wednesday, November 19th, 2008 at 6:34 am and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.