(Bloomberg) -- Crude oil rose to a 10-month high on
speculation U.S. gasoline production will fall after refineries
unexpectedly shut units.
Flint Hills Resources LP, a unit of Koch Industries Inc.,
shut a gasoline-producing unit at its refinery in Corpus Christi,
Texas, according to a report on a state Web site today. A
refinery in Kansas was shut on July 1 because of flooding. Crude-
oil prices often follow gasoline during the driving season, which
lasts from late May to early September.
Read more at Bloomberg Commodities News
speculation U.S. gasoline production will fall after refineries
unexpectedly shut units.
Flint Hills Resources LP, a unit of Koch Industries Inc.,
shut a gasoline-producing unit at its refinery in Corpus Christi,
Texas, according to a report on a state Web site today. A
refinery in Kansas was shut on July 1 because of flooding. Crude-
oil prices often follow gasoline during the driving season, which
lasts from late May to early September.
Read more at Bloomberg Commodities News
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