(Bloomberg) -- Crude oil was little changed in New
York after rising yesterday on signs the Organization of
Petroleum Exporting Countries may extend production cuts to trim
global stockpiles.
Saudi Arabia, the world's biggest exporter, yesterday told
Asian refiners that it would curb shipments for a ninth month in
July. An Energy Department report tomorrow will probably show
above-average oil stockpiles in the U.S. fell 400,000 barrels
last week as refiners increased output to meet rising summer
demand, according to a Bloomberg News survey of 13 analysts.
Read more at Bloomberg Energy News
York after rising yesterday on signs the Organization of
Petroleum Exporting Countries may extend production cuts to trim
global stockpiles.
Saudi Arabia, the world's biggest exporter, yesterday told
Asian refiners that it would curb shipments for a ninth month in
July. An Energy Department report tomorrow will probably show
above-average oil stockpiles in the U.S. fell 400,000 barrels
last week as refiners increased output to meet rising summer
demand, according to a Bloomberg News survey of 13 analysts.
Read more at Bloomberg Energy News
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