(Bloomberg) -- Crude oil was little changed in New
York after stalling near a nine-month high yesterday as forecast
gains in U.S. fuel stockpiles and a prediction of an average
hurricane season pulled gasoline lower.
A U.S. Energy Department report today will probably show the
country's below-average gasoline stockpiles rose for a seventh
time last week as refiners increased output, according to a
survey of analysts. Ten tropical storms may form in the Atlantic
during the rest of this summer, U.K. government forecasters said
yesterday.
Read more at Bloomberg Commodities News
York after stalling near a nine-month high yesterday as forecast
gains in U.S. fuel stockpiles and a prediction of an average
hurricane season pulled gasoline lower.
A U.S. Energy Department report today will probably show the
country's below-average gasoline stockpiles rose for a seventh
time last week as refiners increased output, according to a
survey of analysts. Ten tropical storms may form in the Atlantic
during the rest of this summer, U.K. government forecasters said
yesterday.
Read more at Bloomberg Commodities News
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