Oil surpasses $71 a barrel as inventories fall

Date: Wednesday, June 10, 2009

Oil surpasses $71 a barrel as inventories fall

Crude-oil futures surpass $71 a barrel after government data show a
surprising decline in inventories.

NATURAL GAS COULD SEE SHARP REBOUND THIS YEAR

Futures contracts suggest natural-gas, the worst performing major
commodity this year, could see a big rebound when winter demand picks
up later this year.

TREASURYS DOWN AHEAD OF 10-YEAR-NOTE AUCTION

Treasury prices decline, pushing 10-year yields back to the highest since
November, before the government sells $19 billion of the benchmark
securities in its second of three big auctions this week.

CITI FINALIZES DEAL TO MAKE U.S. LARGEST HOLDER

Citigroup completes a multibillion-dollar securities swap agreement
with the U.S. government to bolster the embattled bank's
capitalization.

E-TRADE AND CITADEL TALK AID: WSJ

E-Trade Financial is working with largest shareholder Citadel
Investment Group on ways to steady its financial position, according
to a Wall Street Journal report. Shares of E-Trade are poised to trade
higher in Wednesday's action.