(Bloomberg) -- Crude oil rose to a nine-month high
in New York on concern that U.S. refiners aren't keeping up with
increased gasoline demand.
U.S. gasoline supplies in the week ended June 8 were 5.2
percent below the five-year average for the period, the Energy
Department said last week. Crude-oil prices often follow gasoline
during the driving season, which lasts from Memorial Day weekend
in late May to Labor Day in early September.
Read more at Bloomberg Commodities News
in New York on concern that U.S. refiners aren't keeping up with
increased gasoline demand.
U.S. gasoline supplies in the week ended June 8 were 5.2
percent below the five-year average for the period, the Energy
Department said last week. Crude-oil prices often follow gasoline
during the driving season, which lasts from Memorial Day weekend
in late May to Labor Day in early September.
Read more at Bloomberg Commodities News
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