(Bloomberg) -- Crude oil rose above $66 a barrel to a
one-month high in New York on signs surging fuel prices aren't
slowing the growth of demand and that supplies from Nigeria may
be further disrupted.
Total implied fuel demand in the U.S. averaged 20.9 million
barrels a day in the four weeks ended May 25, up 2.4 percent from
a year earlier, according to the Energy Department. The
department measures shipments from refineries, pipelines and
terminals to calculate demand. Union officials in Nigeria's oil
and gas industry said they plan to support a general strike.
Read more at Bloomberg Energy News
one-month high in New York on signs surging fuel prices aren't
slowing the growth of demand and that supplies from Nigeria may
be further disrupted.
Total implied fuel demand in the U.S. averaged 20.9 million
barrels a day in the four weeks ended May 25, up 2.4 percent from
a year earlier, according to the Energy Department. The
department measures shipments from refineries, pipelines and
terminals to calculate demand. Union officials in Nigeria's oil
and gas industry said they plan to support a general strike.
Read more at Bloomberg Energy News
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