(Bloomberg) -- Crude oil was little changed in New
York after rising to a nine-month high yesterday on concern low
U.S. gasoline stockpiles will keep fuel prices high through the
summer.
July gasoline, which expires today, rose for a second
session yesterday after a report showed below-average U.S.
supplies of the motor-fuel unexpectedly fell after seven weeks of
gains. Oil reached $70.52 a barrel early in yesterday's floor
session, the highest intraday price since Sept. 1, before easing
toward the close.
Read more at Bloomberg Commodities News
York after rising to a nine-month high yesterday on concern low
U.S. gasoline stockpiles will keep fuel prices high through the
summer.
July gasoline, which expires today, rose for a second
session yesterday after a report showed below-average U.S.
supplies of the motor-fuel unexpectedly fell after seven weeks of
gains. Oil reached $70.52 a barrel early in yesterday's floor
session, the highest intraday price since Sept. 1, before easing
toward the close.
Read more at Bloomberg Commodities News
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