(Bloomberg) -- Crude oil fell in New York on
speculation U.S. fuel prices may ease as refiners increase
output to meet summer demand.
U.S. gasoline production in the week ended May 18 rose to
the highest since December, increasing inventories for a third
week. Stockpiles that week were 7 percent below the five-year
average, according to Energy Department data.
Read more at Bloomberg Commodities News
speculation U.S. fuel prices may ease as refiners increase
output to meet summer demand.
U.S. gasoline production in the week ended May 18 rose to
the highest since December, increasing inventories for a third
week. Stockpiles that week were 7 percent below the five-year
average, according to Energy Department data.
Read more at Bloomberg Commodities News
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