(Bloomberg) -- Crude oil was little changed in New
York after stalling near a three-week high last week on signs
rising U.S. gasoline stockpiles may damp motor-fuel prices.
Gasoline futures fell for the first day in four on May 18 as
traders bet the 8.6 percent gain the past two weeks already
priced the risk that refinery shutdowns may hamper production
going into the peak U.S. summer demand. U.S. gasoline stockpiles
rose for a second week, leaving them 7.5 percent below the five-
year average on May 11, the Energy Department said last week.
Read more at Bloomberg Energy News
York after stalling near a three-week high last week on signs
rising U.S. gasoline stockpiles may damp motor-fuel prices.
Gasoline futures fell for the first day in four on May 18 as
traders bet the 8.6 percent gain the past two weeks already
priced the risk that refinery shutdowns may hamper production
going into the peak U.S. summer demand. U.S. gasoline stockpiles
rose for a second week, leaving them 7.5 percent below the five-
year average on May 11, the Energy Department said last week.
Read more at Bloomberg Energy News
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