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Unexpected Oil Inventory Rise Takes A Bite (USO, OIL)

247Wallst | Wed, 03/18/2009 - 1:10pm | crude oil prices, Oil, oil inventories, oil prices, USO |  4 comments

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Oil may have just gotten some wind taken out of its sails after flirting with $50.00 per barrel late yesterday.  The DOE just released its weekly inventory data showing another build across the board.  Crude rose another 2 million barrels to 353.3 million barrels, gasoline rose 3.2 million barrels
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