(Bloomberg) -- Crude oil fell in New York after a
government report showed that U.S. fuel inventories rose as
refineries boosted operating rates.
Gasoline inventories jumped 1.43 million barrels to 196.7
million in the week ended May 18, the Energy Department report
showed. A gain of 1.2 million barrels was expected, according to
the median of 17 responses in a Bloomberg survey. Refineries
operated at 91.1 percent of capacity, up 1.8 percentage point
from the week before, the highest since the week ended Jan. 5.
Read more at Bloomberg Energy News
government report showed that U.S. fuel inventories rose as
refineries boosted operating rates.
Gasoline inventories jumped 1.43 million barrels to 196.7
million in the week ended May 18, the Energy Department report
showed. A gain of 1.2 million barrels was expected, according to
the median of 17 responses in a Bloomberg survey. Refineries
operated at 91.1 percent of capacity, up 1.8 percentage point
from the week before, the highest since the week ended Jan. 5.
Read more at Bloomberg Energy News
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