(Bloomberg) -- Crude oil fell on speculation that a
government report will show that U.S. refineries increased fuel
production.
Gasoline stockpiles increased 1.55 million barrels last
week, according to the median of responses by 12 analysts in a
Bloomberg News survey. Supplies of distillate fuel, a category
that includes heating oil and diesel, rose 800,000 barrels, the
survey showed. Prices also fell on reduced concern that Tropical
Cyclone Gonu will curb oil shipments from the Middle East.
Read more at Bloomberg Energy News
government report will show that U.S. refineries increased fuel
production.
Gasoline stockpiles increased 1.55 million barrels last
week, according to the median of responses by 12 analysts in a
Bloomberg News survey. Supplies of distillate fuel, a category
that includes heating oil and diesel, rose 800,000 barrels, the
survey showed. Prices also fell on reduced concern that Tropical
Cyclone Gonu will curb oil shipments from the Middle East.
Read more at Bloomberg Energy News
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