Crude Oil Stable On Increased Stockpiles

Crude oil was little changed in New York after declining last week on increased stockpiles and as more refining activity slowed gains in the price of gasoline.

Crude oil for May delivery was at $63.59 a barrel, down 4 cents, in after-hours electronic trading on the New York Mercantile Exchange at 8:44 a.m. in Singapore.

The contract, which expires at the end of the week, fell 22 cents, or 0.3 percent, to $63.63 on April 13, a 1 percent decline for the week. The more widely-held June contract was at $66.23 a barrel today after easing 1 cent to $66.33 the previous session.