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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: RealMuLan who wrote (19345)	12/22/2004 3:27:03 PM
From: RealMuLan	Read Replies (1) of 116555

Crude Prices Plunge on US Inventory Builds By Masood Farivar Dow Jones Newswires 12/22/04 9:30 AM PT The oil inventory builds took the market by surprise and might provide some comfort for consumers if refiners continue to produce fuel at a record pace. Analysts had projected a draw in distillate fuels and were split on crude and gasoline stocks. Crude oil prices plunged below US$44 a barrel in New York today, after government data showed U.S. petroleum inventories rose across the board last week. ecommercetimes.com

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