(Bloomberg) -- Crude oil fell from a nine-month high
on expectations that an Energy Department report will show U.S.
gasoline stockpiles increased for a seventh week.
Gasoline supplies rose 1.19 million barrels last week,
according to a Bloomberg News survey. Prices rose the past two
days on concern Nigerian shipments would be disrupted further
because of a general strike. The strike, which began at midnight,
has had no effect on production by Chevron Corp.'s Nigeria unit,
a company spokesman said.
Read more at Bloomberg Commodities News
on expectations that an Energy Department report will show U.S.
gasoline stockpiles increased for a seventh week.
Gasoline supplies rose 1.19 million barrels last week,
according to a Bloomberg News survey. Prices rose the past two
days on concern Nigerian shipments would be disrupted further
because of a general strike. The strike, which began at midnight,
has had no effect on production by Chevron Corp.'s Nigeria unit,
a company spokesman said.
Read more at Bloomberg Commodities News
No comments:
Post a Comment