Oil hits $135.04

Oil hit a high of $135.04 yesterday, before slipping back slightly.

Oil hits $135.04

Oil hit a high of $135.04 yesterday, before slipping back slightly.

Yesterday's EIA data from the US came out worse than forecast with crude stocks falling by 5.4mio bbls (vs.expected 700k bbls rise) and gasoline down 800,000bbls (vs. expected 200,000bbls fall).

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