(Bloomberg) -- Oil rose a fourth day on expectations U.S. gasoline consumption will spur demand for crude as stockpiles of the fuel decline.
Gasoline prices rose to an eight-month high as refineries shut down, curbing supplies before the summer driving season. Oil also gained after the International Energy Agency said stockpiles of crude oil in industrial nations fell by 1 million barrel a day last quarter, the biggest drop in the first quarter since 1996.
Read more at Bloomberg Energy News
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