(Bloomberg) -- Crude oil fell in New York on speculation higher refinery output in the U.S. will increase gasoline supplies before the start of the peak demand season.
Refinery operating rates rose 2 percentage points to 90.4 percent of capacity last week, the highest since Jan. 5, and six- times the increase forecast by analysts, the U.S. Energy Department said yesterday in a report.
Read more at Bloomberg Energy News
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