Oil Pulls Back To $122 A Barrel After OPEC Announcement
OPEC states that it is prepared to produce more oil if it determines market conditions warrant increased supplies.
Natural Gas Inventories Increase 65 bcf
EIA estimates as of 5-2-08.....Natural gas in storage was 1,436 Bcf. This represents a net increase of 65 Bcf
from the previous week.
Energy Conversion Devices Report Positive Earnings
Energy Conversion Devices (NASDAQ ENER) closed at $49.41, a gain of over 43%.
