(Bloomberg) -- Crude oil traded little changed before a report expected to show that U.S. refiners may start to replenish gasoline supplies before motoring demand peaks in the summer.
The Energy Department is expected to report stockpiles of crude rose by 1.5 million barrels, according to a Bloomberg News survey of analysts. At the same time, refinery utilization rates are expected to increase and help meet demand for gasoline before the summer driving season starts this month.
Read more at Bloomberg Commodities News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment