Wednesday, April 02, 2008

Quick Overview

  • U.S. factory orders fell 1.3% in February, weaker than expected

  • Weak dollar boosts Long Beach (CA) exports 36%, but cuts imports 7.6% in February.

  • The U.S. Department of Energy said:
    Supplies of crude oil rose 7.4 million barrels to 319.2 million barrels.
    Supplies of gasoline fell 4.5 million barrels.
    Supplies of heating oil supplies fell 1.3 million barrels.
    Refinery use increased from 82.2% to 82.4% of capacity.
    Gasoline demand was unchanged.
    Distillate demand fell 3.1%.

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