Wednesday, June 03, 2009

Quick Overview

  • (Reuters) - Federal Reserve Chairman Ben Bernanke sounded a cautiously upbeat note on the U.S. economy on Wednesday but warned that corralling government debt was vital to ensuring the nation's long-term health.

  • The U.S. Department of Energy said;
    Supplies of crude oil rose 2.9 million barrels to 366.0 million barrels
    Supplies of gasoline fell 200,000 barrels
    Supplies of heating oil fell 200,000 barrels.
    Refinery use rose from 85.1% to 86.3%.
    Gasoline demand fell 0.4% YoY
    Distillate demand fell 8.8% YoY.

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