(Bloomberg) -- Crude oil rose in New York on concern
lower U.S. refinery usage will limit gasoline supply gains during
the peak summer driving season.
U.S. refinery utilization was at a less-than-expected 89.6
percent last week, down from 91.1 percent, the U.S. Energy
Department said. Prices rose yesterday following reports that
Turkish troops chased Kurdish guerrillas into northern Iraq.
Government officials from Turkey and the U.S. denied the attack.
Read more at Bloomberg Energy News
lower U.S. refinery usage will limit gasoline supply gains during
the peak summer driving season.
U.S. refinery utilization was at a less-than-expected 89.6
percent last week, down from 91.1 percent, the U.S. Energy
Department said. Prices rose yesterday following reports that
Turkish troops chased Kurdish guerrillas into northern Iraq.
Government officials from Turkey and the U.S. denied the attack.
Read more at Bloomberg Energy News
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