Energy Prices Higher after Inventory Data

MARKETSCOPE : Energy prices posted gains Wednesday. Feb. WTI crude oil rose 47 cents to $58.56, Jan. heating oil rose 3.61 cents to 175.64 cents, Jan. gasoline rose 3.12 cents to 154.00 cents as a Dept. of Energy report showed crude oil inventories rose bit, distillates and gasoline stocks fell. The DOE also said refinery runs declined, which could have been a function of maintenance.

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