Oil Steady as Inventories Gain, Economy Unexpectedly Shrinks

... GDP is a very large surprise and is what hit the oil market," said Tom Doremus, an analyst at Tradition Energy in Stamford, Connecticut. Oil climbed earlier as the euro strengthened against the dollar and Agence France-Presse reported Israeli jets ...



via Stamford Newswire http://washpost.bloomberg.com/Story?docId=1376-MHG1930UQVI901-3QGO5N7TH8GPLFC3DPHAPEFOK4