Archive for May 19th, 2011

U.S. Petroleum Weekly – May 19, 2011

No changes from last week. Weak demand, low distillates stocks, high crude stocks. Driving season ahead.

U.S. Initial Jobless Claims At 409.000; Down 29.000

Initial jobless claims in the U.S. were reported at 409.000 vs. 420.000 consensus and last week revised (up 4.000) reading of 438.000.

 

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