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Hart Energy Commodities Report Feb. 4

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Kristie Sotolongo
February 5, 2014

U.S. Crude Futures Rebound on ColdNYMEX-traded crude recouped a portion of the losses from the previous session on Tuesday as traders awaited a weekly report on petroleum inventories. Most traders expect the storage update to show that supplies are beginning to drain in earnest from the key Cushing, Okla. hub since the southern leg of TransCanada Corp.’s Keystone pipeline went into service last month. Oil stockpiles at Cushing were predicted to have dropped by more than 1 million barrels for the first time in five months. Upside momentum also came ...

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