(Bloomberg) -- Crude oil was little changed amid speculation that U.S. supplies are sufficient to meet demand from refiners making gasoline for the summer driving season.
Inventories rose 1.17 million barrels to 335.6 million last week, leaving stockpiles 4.8 percent above the five-year average for the period, the Energy Department said on May 2. Gasoline supplies have declined for 12 weeks, department figures show. The driving season begins with the Memorial Day holiday at the end of this month.
Read more at Bloomberg Energy News
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