(Bloomberg) -- Crude oil fell from a nine-month high
in New York on expectations that U.S. fuel stockpiles increased
last week.
Gasoline supplies rose 1.5 million barrels in the week ended
June 15, according to the median of seven responses in a
Bloomberg News survey. Analysts were split over whether crude-oil
inventories rose or fell last week. Crude-oil prices often follow
gasoline during the driving season, which lasts from Memorial Day
weekend in late May to Labor Day in early September.
Read more at Bloomberg Energy News
in New York on expectations that U.S. fuel stockpiles increased
last week.
Gasoline supplies rose 1.5 million barrels in the week ended
June 15, according to the median of seven responses in a
Bloomberg News survey. Analysts were split over whether crude-oil
inventories rose or fell last week. Crude-oil prices often follow
gasoline during the driving season, which lasts from Memorial Day
weekend in late May to Labor Day in early September.
Read more at Bloomberg Energy News
No comments:
Post a Comment