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Hart Energy Commodities Report Feb. 27

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Kristie Sotolongo
February 28, 2014

Crude Slips on Supply Data, Ukraine UnrestNYMEX-traded crude futures closed slightly lower on Thursday as the market assessed U.S. data from a day earlier showing a smaller-than-expected build in domestic crude supplies and a surprise rise in distillate inventories in the week to February 21. Traders also factored in risks tied to renewed turmoil in Ukraine and weighed testimony from U.S. Federal Reserve Chairwoman Janet Yellen. West Texas Intermediate (WTI) for April delivery ended down 19¢ at US$102.40 per barrel (/bbl). In European trading, Brent oil fell in tandem with ...


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