Sunday, May 20, 2007

Crude Oil Trades Little Changed on Signs U.S. Gasoline Supplies Are Risin

(Bloomberg) -- Crude oil was little changed in New
York after stalling near a three-week high last week on signs
rising U.S. gasoline stockpiles may damp motor-fuel prices.

U.S. gasoline stockpiles increased for a second week,
leaving them 7.5 percent below the five-year average on May 11,
the Energy Department said last week.


Read more at Bloomberg Commodities News

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