Source Pravda.Ru

Oil prices went to $46.40 a barrel

&to=http:// english.pravda.ru/economics/2003/03/26/45093.html' target=_blank>Oil prices in the United States have rebounded after earlier slipping below $45 a barrel for the first time in more than a month.

The price had fallen on hopes the mild US winter meant stockpiles were rising. But prices rose a dollar a barrel as inventory data showed an unexpected fall in crude oil stockpiles.

US light crude went to $46.40 a barrel, recovering from a drop to $44.83, as the data showed crude inventories fell one million barrels last week, says the BBC News.

According to the Bloomberg, &to=http:// english.pravda.ru/economics/2002/08/09/34207.html' target=_blank>gasoline stockpiles probably rose by 1 million barrels from 216.3 million, according to the median forecast of 15 analysts surveyed. Crude-oil inventories probably gained by 700,000 barrels. The Energy Department is scheduled to release its weekly inventory report at 10:30 a.m. in Washington. Crude oil and gasoline supplies exceeded the five-year average on Jan. 28.

"The market's movement today all depends on the inventory numbers," said Marshall Steeves, an analyst with Refco Group Inc. in New York. "The magnitude of the crude and gasoline increases will be focused on. If the report shows that imports rose and we get an increase of more than 1 million barrels prices will test recent lows."

U.S. crude inventories stand at 294.3 million barrels, or 8 percent above year ago levels, according to the &to=http:// english.pravda.ru/region/2002/09/21/37009.html' target=_blank>Energy Department. Distillate supplies are at 115.6 million barrels, or 5 percent lower than last year.

Representatives of the Israeli Defence Ministry responded to recent reports about the possible delivery of S-300 SAM systems from Russia to Syria. Israeli Defence Minister Avigdor Lieberman said that Israel would destroy those systems

Israel vows to destroy Russia's S-300 in Syria in case of danger
Comments
Israel can learn many lessons with the help of Russia's S-300 air defence systems in Syria
Putin to sign new decree to spend ten trillion rubles on social needs
World War Three is near? The West wants to bypass Russia's veto at UN Security Council
Large lake of boiling water found on Mars
Israel can learn many lessons with the help of Russia's S-300 air defence systems in Syria
World War Three is near? The West wants to bypass Russia's veto at UN Security Council
Israel vows to destroy Russia's S-300 in Syria in case of danger
Israel vows to destroy Russia's S-300 in Syria in case of danger
Putin to sign new decree to spend ten trillion rubles on social needs
UN to say amen to aggression against Syria
Russian Navy admiral says Russia will torpedo US warships, if need be
Putin to sign new decree to spend ten trillion rubles on social needs
Russian Navy admiral says Russia will torpedo US warships, if need be
Putin to sign new decree to spend ten trillion rubles on social needs
Russian Navy admiral says Russia will torpedo US warships, if need be
Putin to sign new decree to spend ten trillion rubles on social needs
Putin to sign new decree to spend ten trillion rubles on social needs
Israel can learn many lessons with the help of Russia's S-300 air defence systems in Syria
UN to say amen to aggression against Syria
Boston Fakery ~ An Expose of the Boston Marathon Bombings Hoax
Western media still horrified about Russia's Doomsday weapon