(Bloomberg) -- Crude oil rose in New York after a refinery fire and the threat of a production strike in Europe pushed gasoline futures higher for an eighth straight day.
Gasoline reached $2.32 a gallon yesterday, an eight-month high, after Marathon Oil Corp. had a fire at its Garryville, Louisiana, refinery and Belgian oil workers voted to join a strike at refineries in Antwerp next month. U.S. gasoline stockpiles fell for an 11th week, reaching an 18-month low of 194.2 million barrels, the Energy Department said April 25.
Read more at Bloomberg Energy News
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