(Bloomberg) -- Crude oil rose above $70 a barrel to
a nine-month high in New York as U.S. refineries increase output
of gasoline and other fuels.
Refineries operated at 89.4 percent of capacity last week, a
1.8 percentage point gain from the week before, an Energy
Department report yesterday showed. West Texas Intermediate crude
oil, or WTI, the grade traded in New York, was at the lowest
discount to Brent oil in more than three months today.
Read more at Bloomberg Energy News
a nine-month high in New York as U.S. refineries increase output
of gasoline and other fuels.
Refineries operated at 89.4 percent of capacity last week, a
1.8 percentage point gain from the week before, an Energy
Department report yesterday showed. West Texas Intermediate crude
oil, or WTI, the grade traded in New York, was at the lowest
discount to Brent oil in more than three months today.
Read more at Bloomberg Energy News
No comments:
Post a Comment