(Bloomberg) -- Crude oil fell below $64 a barrel in New York after an Energy Department report showed that refiners increased fuel output last week.
Refineries operated at 88.3 percent of capacity in the week ended April 27, up 0.5 percentage point from the week before. Gasoline supplies fell for a 12th week. Crude-oil supplies rose 1.17 million barrels, the report showed. An increase of 1.5 million barrels was expected, according to the median of responses by 13 analysts surveyed by Bloomberg News.
Read more at Bloomberg Commodities News
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