(Bloomberg) -- Crude oil rose above $73 a barrel to
a 10-month high in New York after a government report showed
that U.S. inventories dropped last week and Chevron Corp. said
it cut North Sea output.
Crude-oil stockpiles dropped 1.5 million barrels to 352.6
million barrels last week, according to the Energy Department.
In the North Sea, Chevron cut oil output at its Erskine field
because the Central Area Transmission System natural-gas
pipeline was forced to close, a company spokesman said today.
Read more at Bloomberg Commodities News
a 10-month high in New York after a government report showed
that U.S. inventories dropped last week and Chevron Corp. said
it cut North Sea output.
Crude-oil stockpiles dropped 1.5 million barrels to 352.6
million barrels last week, according to the Energy Department.
In the North Sea, Chevron cut oil output at its Erskine field
because the Central Area Transmission System natural-gas
pipeline was forced to close, a company spokesman said today.
Read more at Bloomberg Commodities News
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