(Bloomberg) -- Crude oil rose in New York amid
concern that U.S. refiners aren't increasing gasoline production
enough to replenish stockpiles.
U.S. gasoline supplies in the week ended May 25 were 6.7
percent lower than the five-year average for the period, the
Energy Department said yesterday. Refineries operated at 91.1
percent of capacity last week, unchanged from the week before.
U.S. gasoline consumption peaks during the summer driving season.
Read more at Bloomberg Energy News
concern that U.S. refiners aren't increasing gasoline production
enough to replenish stockpiles.
U.S. gasoline supplies in the week ended May 25 were 6.7
percent lower than the five-year average for the period, the
Energy Department said yesterday. Refineries operated at 91.1
percent of capacity last week, unchanged from the week before.
U.S. gasoline consumption peaks during the summer driving season.
Read more at Bloomberg Energy News
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