Monday, July 16, 2007

Nymex Gasoline Futures Fall Most Since October on Expected Supply Growth

(Bloomberg) -- Gasoline futures fell 4.4 percent,
the biggest drop in more than eight months, on forecasts a
government report this week will show a rise in U.S.
inventories.

Supplies probably rose 1 million barrels last week,
according to the median of 15 analyst estimates in a Bloomberg
News survey. The Energy Department report is due July 18.
Gasoline futures have declined 10 percent since July 10.


Read more at Bloomberg Energy News

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