Crude oil fell after data

Market news

11 January 2012

Crude oil fell after data

Crude oil futures extended declines after a U.S. government report showed inventories increased almost five times as much as expected.

Inventories of crude oil gained 4.96 million barrels to 334.6 million, the department said.

Currently Feb NYMEX crude oil futures are trading at $100,74 per barrel (-1,47%).

CitiFX technicals say a close above the 200-day

Tech on S&P futures

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