(Bloomberg) -- Crude oil was little changed in New York amid speculation that U.S. stockpiles increased last week and on concern that kidnappings and attacks on oil facilities in Nigeria may curb output in Africa's biggest producer.
An Energy Department report today may show that crude oil and gasoline inventories rose last week as refineries raised operating rates, according to the median of 16 responses in a Bloomberg News survey. Four U.S. citizens working for a Chevron Corp. contractor were abducted in the Niger delta, said Femi Odumabo, a spokesman for Chevron's Nigerian venture.
Read more at Bloomberg Energy News
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