(Bloomberg) -- Crude oil fell more than $1 a barrel
from a nine-month high after an Energy Department report showed
that U.S. oil and gasoline stockpiles increased.
Crude-oil inventories surged 6.9 million barrels to 349.3
million in the week ended June 15, the report showed. It was the
biggest one-week gain since the week ended March 19, 2004.
Gasoline supplies rose 1.79 million barrels to 203.3 million.
Prices gained the past two days on concern Nigerian shipments
would be disrupted further because of a general strike.
Read more at Bloomberg Energy News
from a nine-month high after an Energy Department report showed
that U.S. oil and gasoline stockpiles increased.
Crude-oil inventories surged 6.9 million barrels to 349.3
million in the week ended June 15, the report showed. It was the
biggest one-week gain since the week ended March 19, 2004.
Gasoline supplies rose 1.79 million barrels to 203.3 million.
Prices gained the past two days on concern Nigerian shipments
would be disrupted further because of a general strike.
Read more at Bloomberg Energy News
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