Fundamental Oil Report (2012-01-11)

11 January 2012 @ 04:33 am EDT

NewsEIA report
Previous2.2 million barrels
Forecast1.0 million barrels
AnalysisCrude oil is volatile today ahead of major meetings that would take place in Europe to discuss the current market situation and the debt crisis which is weighing down on growth, where Iran remains the factor behind higher oil prices.

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