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Oil Stocks Might Be The Place To Be

  1. xerxes_ph

    9,081 Posts.

    "U.S. supply drop lifts crude

    By Mike Maynard, CBS MarketWatch.com
    Last Update: 6:25 AM ET July 24, 2002

    NEW YORK (CBS.MW) - London crude jumped 50 cents a barrel Wednesday after the latest U.S. supply data showed an inventory drop.

    Brent crude for September delivery rose to $25.54 per barrel in recent trading on the International Petroleum Exchange, their biggest gain in more than a week."

    A portent of things to come, maybe?


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