(Bloomberg) -- Crude oil traded little changed near a six-week low in New York after falling with gasoline yesterday on speculation U.S. refiners are increasing motor-fuel production before the peak summer driving season.
Gasoline stockpiles probably rose 100,000 barrels last week, the first increase in 13 weeks, as refiners increased operating rates, according to a Bloomberg News survey of 13 analysts. Oil traded as low as $60.85 a barrel yesterday before rebounding as gasoline futures stalled near a nine-day low.
Read more at Bloomberg Commodities News
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