Oil falls on high U.S. inventory (Reuters) – 661th Edition

30 03 2011

A worker checks a crude palm oil pipeline at a palm oil-based refinery plant owned by Sinar Mas Agro Resources and Technology (SMART) in Marunda, West Java March 30, 2011. Palm oil giant SMART said on Wednesday it plans to invest up to 9 trillion rupiah ($1 billion) until 2015 to make downstream products, driving its shares up 7 percent. REUTERS/Enny Nuraheni (INDONESIA - Tags: BUSINESS AGRICULTURE ENERGY)Reuters – Oil fell on Wednesday, weighed down by swelling crude inventories in the United States, while President Barack Obama was expected to set an ambitious long-term goal to cut oil imports.

By us.rd.yahoo.com
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