(Bloomberg) -- Crude oil rose for a second day in
New York after a report showed U.S. oil inventories fell for a
third week and gasoline demand was near a one-year high.
Oil stockpiles declined 1.1 million barrels last week as
refiners raised operating rates to their highest in 10 months,
the Energy Department said yesterday. Below-average gasoline
stockpiles unexpectedly increased by 793,000 barrels, aided by a
resurgence in imports.
Read more at Bloomberg Energy News
New York after a report showed U.S. oil inventories fell for a
third week and gasoline demand was near a one-year high.
Oil stockpiles declined 1.1 million barrels last week as
refiners raised operating rates to their highest in 10 months,
the Energy Department said yesterday. Below-average gasoline
stockpiles unexpectedly increased by 793,000 barrels, aided by a
resurgence in imports.
Read more at Bloomberg Energy News
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