Wednesday, May 18, 2011

Quick Overview

  • France’s soft-wheat harvest, the largest in the European Union, will decline 12% as drought slashes yields, Agritel said.

  • U.S. Crude supplies fell 15,000 barrels to 370.3 million last week.
  • Refineries operated at 83.2 percent of capacity
  • Gasoline inventories rose 119,000 to 205.9 million
  • Distillate inventories fell 1.16 million barrels to 143.1 million, the lowest level since April 2009.

  • U.S. Health-care expenses will rise 8.5% in 2012, according to a study by Pricewaterhouse

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