(Bloomberg) -- Crude oil was little changed near an
11-month high in New York, after rising yesterday as gasoline
prices climbed on speculation U.S. output of the fuel may slow
because of unplanned refinery shutdowns.
BP Plc closed the largest of three crude units at its
refinery in Whiting, Indiana, a person familiar with the plant
said July 9. The refinery, the biggest in the Midwest, supplies
consumers in the Chicago area. Refineries in Texas and Kansas
shut units last week. Refinery operating rates rose to 90 percent
of capacity in the week ended June 29 to meet demand.
Read more at Bloomberg Commodities News
11-month high in New York, after rising yesterday as gasoline
prices climbed on speculation U.S. output of the fuel may slow
because of unplanned refinery shutdowns.
BP Plc closed the largest of three crude units at its
refinery in Whiting, Indiana, a person familiar with the plant
said July 9. The refinery, the biggest in the Midwest, supplies
consumers in the Chicago area. Refineries in Texas and Kansas
shut units last week. Refinery operating rates rose to 90 percent
of capacity in the week ended June 29 to meet demand.
Read more at Bloomberg Commodities News
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