Crude Oil Trades Little Changed on Signs U.S. Supplies of Fuel Are Rising

(Bloomberg) -- Crude oil rose in New York before the
release of a U.S. government report that will probably show
declines in the country's gasoline and oil inventories.

U.S. gasoline supplies probably fell 125,000 barrels last
week while oil inventories declined 1.38 million barrels,
according to the median of 16 estimates in a Bloomberg News
survey of analysts. The Energy Department report is scheduled to
be released today at 10:30 a.m. in Washington.


Read more at Bloomberg Energy News