Crude Oil Pares Gain Before an Energy Department Report on U.S. Gasoline

(Bloomberg) -- Crude oil pared gains and traded below
$66 a barrel in New York before a report later today on how much
fuel the U.S. has available for the summer driving season, which
starts next week.

The U.S. Energy Department will probably report gasoline
stockpiles rose last week, a Bloomberg News survey of analysts
indicated. Supplies were 7.5 percent below the five-year average in
the week to May 11, the Energy Department said last week.


Read more at Bloomberg Energy News