(Bloomberg) -- Crude oil rose in New York before the
release of an Energy Department report on U.S. petroleum
inventories.
Inventories of gasoline and distillate fuel, a category that
includes diesel and heating oil, rose last week, according to a
Bloomberg News survey. Analysts were split on whether crude-oil
stockpiles rose or fell. The department is scheduled to release
its weekly report on petroleum supplies at 10:30 a.m. in
Washington. Tropical Cyclone Gonu is heading for the Strait of
Hormuz, the world's busiest oil shipping chokepoint.
Read more at Bloomberg Commodities News
release of an Energy Department report on U.S. petroleum
inventories.
Inventories of gasoline and distillate fuel, a category that
includes diesel and heating oil, rose last week, according to a
Bloomberg News survey. Analysts were split on whether crude-oil
stockpiles rose or fell. The department is scheduled to release
its weekly report on petroleum supplies at 10:30 a.m. in
Washington. Tropical Cyclone Gonu is heading for the Strait of
Hormuz, the world's busiest oil shipping chokepoint.
Read more at Bloomberg Commodities News
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