(Bloomberg) -- Crude oil was little changed in New
York after rising to a three-week high yesterday on speculation
demand will increase as U.S. refiners make more gasoline to meet
summer fuel demand.
An Energy Department report tomorrow will probably show U.S.
gasoline stockpiles rose for a third week as refiners increased
operating rates, according to a Bloomberg News survey of five
analysts. Gasoline fell a second day. The June oil contract,
which expires at the close of trading, jumped 44 cents a barrel
more than its higher-priced July counterpart yesterday.
Read more at Bloomberg Commodities News
York after rising to a three-week high yesterday on speculation
demand will increase as U.S. refiners make more gasoline to meet
summer fuel demand.
An Energy Department report tomorrow will probably show U.S.
gasoline stockpiles rose for a third week as refiners increased
operating rates, according to a Bloomberg News survey of five
analysts. Gasoline fell a second day. The June oil contract,
which expires at the close of trading, jumped 44 cents a barrel
more than its higher-priced July counterpart yesterday.
Read more at Bloomberg Commodities News
No comments:
Post a Comment