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ID: 35248
Title: Oil prices jump on inventory report (AP)
Description:

Italy's Industry Minister Pierluigi Bersani, second right, Turkish Energy Minister Hilmi Guler, second left, Turkey's Calik Enerji Chairman Ahmet Calik, right, and Paolo Scaroni of ENI Group of Italy, third from left, during a ceremony to begin the construction of Samsun-Ceyhan pipeline in Ceyhan, Turkey, Tuesday, April 24, 2007. Turkey began constructing the new oil pipeline that is expected to carry Russian and Kazakh oil from its Black Sea coast to the Mediterranean, another move toward making Turkey a global energy corridor.(AP Photo/Aykut Unlupinar)AP - Oil prices surged Wednesday after the government's weekly U.S. petroleum supply report showed a large and unexpected decline in gasoline stockpiles and a 2.6 percent drop in refinery utilization.
Category: Business/Stock Markets/
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Date Added: April 25, 2007 08:05:30 PM
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