API reports another draw from U.S. oil inventory

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

API reports another draw from U.S. oil inventory

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The American Petroleum Institute (API) reported a crude oil inventory draw of 3.4 million barrels for the week ending Aug 1, compared to analyst expectations of a 2.848-million barrel draw.

EIA's weekly report comes out at 10:30 AM ET.
Dan Steffens
Energy Prospectus Group
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