(Bloomberg) -- Crude oil in New York was little
changed, close to a nine-month high, amid speculation that an
Energy Department report tomorrow will show U.S. gasoline
inventories rose for a seventh week.
Gasoline stockpiles increased 1.44 million barrels in the
week ended June 15, according to the median of responses by 14
analysts surveyed by Bloomberg News. Refiners probably increased
operating rates for the first time in four weeks, the survey
showed. Crude-oil prices often follow gasoline during the driving
season, which lasts from late May to early September.
Read more at Bloomberg Commodities News
changed, close to a nine-month high, amid speculation that an
Energy Department report tomorrow will show U.S. gasoline
inventories rose for a seventh week.
Gasoline stockpiles increased 1.44 million barrels in the
week ended June 15, according to the median of responses by 14
analysts surveyed by Bloomberg News. Refiners probably increased
operating rates for the first time in four weeks, the survey
showed. Crude-oil prices often follow gasoline during the driving
season, which lasts from late May to early September.
Read more at Bloomberg Commodities News
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