Crude inventories fell more than analysts expected while distillate
inventories grew, despite the record cold temperatures sweeping the
United States. BRG Brokerage President Jeff Grossman tells TheStreet's
Joe Deaux the market could see more downside price movement in oil
thanks to the 2.7 million barrel drawdown. As for distillates, Grossman
reminds investors that distillates won't show a reaction to this week's
cold snap for at least another couples weeks.
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