(Bloomberg) -- Crude oil fell to a six-week low and gasoline plunged on speculation that U.S. refiners will increase output of the motor fuel before the peak-demand driving season.
Gasoline supplies rose 50,000 barrels last week, the first increase in 13 weeks, according to the median of 12 responses in a Bloomberg News survey. Refineries probably operated at 89.3 percent of capacity, up 1 percentage point from the week before, the survey showed. The driving season begins with the Memorial Day holiday at the end of this month.
Read more at Bloomberg Energy News
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