(Bloomberg) -- Crude oil and gasoline fell on
speculation that U.S. refineries will increase production of the
motor fuel to meet peak demand during the summer driving season.
U.S. gasoline supplies rose 1.35 million barrels last week,
according to the median of responses by 14 analysts surveyed by
Bloomberg News before an Energy Department report tomorrow.
Refineries probably operated at 90 percent of capacity, up 0.5
percentage point from the week before. BP Plc shut about one
quarter of its Prudhoe Bay oil field in Alaska, a spokesman said.
Read more at Bloomberg Energy News
speculation that U.S. refineries will increase production of the
motor fuel to meet peak demand during the summer driving season.
U.S. gasoline supplies rose 1.35 million barrels last week,
according to the median of responses by 14 analysts surveyed by
Bloomberg News before an Energy Department report tomorrow.
Refineries probably operated at 90 percent of capacity, up 0.5
percentage point from the week before. BP Plc shut about one
quarter of its Prudhoe Bay oil field in Alaska, a spokesman said.
Read more at Bloomberg Energy News
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