Oil prices slightly lower, intraday volatility in

Rebound in oil prices, settlement prices, API distillate stocksTip: Although better than expected inventory data to promote the rebound in oil prices, but the Energy Department's report still showed that U.S. crude oil inventories remain high. Front-month September RBOB gasoline futures settled up 0.0080 U.S. dollars to 1.9612 U.S. dollars per gallon; September heating oil futures settled down 0.0010 U.S. dollars to 2.0249 U.S. dollars per gallon.

Crude oil futures settled slightly lower price Wednesday. Intraday volatility in oil prices, oil inventories data due to conflicting, and the stock market reversed trend.

New York Mercantile Exchange, light sweet crude settled down Sep 35 cents to 75.42 U.S. dollars / barrel, down 0.5%. ICE Brent crude futures settled down 46 cents, to 76.47 U.S. dollars / barrel.

Morning sharply lower oil prices once, fell below 74 dollars, but then the U.S. Department of Energy (Energy Department) Energy Information Administration (Energy Information Administration, referred to as EIA) released the American Petroleum Institute and industry organizations (American Petroleum Institute, referred to as API) very different report. API report released earlier sharp rise in inventory levels. In addition, the U.S. stock market also contributed to higher oil prices recovered some lost ground. In recent weeks, the stock market as a barometer of future economic growth has been leading the crude oil price movements.

Tracking the oil industry, president of Ritterbusch and Associates, said Jim Ritterbusch, had no market value is too pessimistic API report yesterday, EIA released the report slightly positive market access to power.

EIA, as of August 13 when the weekly crude oil inventory fell 800,000 barrels; gasoline inventories were flat, including heating oil and diesel fuel inventories increased by 110 million barrels of distillate.

API data released Tuesday afternoon showed that crude oil inventories increased by 580 million barrels, causing crude oil futures prices.

Despite the better than expected inventory data to promote the rebound in oil prices, but the Energy Department's report still showed that U.S. crude oil inventories remain high.

Front-month September RBOB gasoline futures settled up 0.0080 U.S. dollars to 1.9612 U.S. dollars per gallon;