What's moving the oil markets?
The market was focused
on cold weather in US Northeast and US natural gas stocks due to be released
later Thursday, one broker said. The market is expecting the gas storage data
from the Energy Information Administration to show a withdrawal from stocks of
around 160-170 Bcf for the week ending Dec 9, which would be the first stock
draw of over 100 Bcf of the current winter season.
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http://www.platts.com/Oil/Resources/Whats%20Moving%20the%20Market/