WSJ:OIL FUTURES: Crude Falls Sharply On US Stocks, Greece Worries
SINGAPORE (Dow Jones)--Crude-oil futures fell more than a dollar in Asian trading on Wednesday, reflecting expectations of a sharp rise in U.S. inventories and dollar strength, with fresh elections in Greece also keeping prices under pressure.
Nymex crude for June delivery fell below $93 a barrel, reaching a six-month low ahead of a closely watched Department of Energy survey of weekly U.S. oil stockpiles, due at 1430 GMT.
Data from trade industry group American Petroleum Institute released late Tuesday showed inventories rose by 6.6 million barrels, nearly five times the 1.4 million-barrel rise forecast by analysts surveyed by Dow Jones ...
