Wednesday, March 18, 2009

Oil Moves Lower Ahead Of Inventory Data


Crude oil prices are up 9.1 percent in 2009.
Crude oil for April delivery fell 50 cents, or 1 percent, to $48.66 a barrel at 9:03 a.m. on the New York Mercantile Exchange.

The weekly oil inventory report will be released by The Energy Department at 10:30 a.m