SAN FRANCISCO (AFX) -- Crude futures climbed above $33 per barrel to trade
near a two-week high after the Energy Department reported a 3.8 million-barrel
fall in crude stocks for the week ended Dec. 26. February crude is up 30 cents
at $33.09 per barrel. Distillate supplies, however, climbed by 700,000 barrels
in the latest week. Motor gasoline inventories also rose by 600,000 barrels,
according to the government data. February heating oil is down 0.02 cent at
93.25 cents a gallon and February unleaded gasoline is down 0.15 cent at 94.6
cents a gallon.
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