Oil falls on housing data, inventories expectation
March 31st, 2009Front-month contract is set to end the month and quarter up about 8%
NEW YORK (MarketWatch) — Crude-oil reversed earlier gains Tuesday, moving lower as newly released U.S. housing data further raised economic worries and as analysts forecast another rise in U.S. crude inventories.
Home values in 20 major U.S. cities fell a record 19% [...]