US gasoline reserves, closely watched as the summer driving season arrives, fell five million barrels to 205.2 million in the week to March 30, against a forecast drawdown of 300,000 barrels.
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Oil Prices Inched Up On Tight US Gasoline Supplies
Oil prices were firmer in Asian trade Tuesday as investors revisited concerns over tight US gasoline supplies after the end of the standoff
Oil prices were firmer in Asian trade Tuesday as investors revisited concerns over tight US gasoline supplies after the end of the standoff over Iran’s detention of British military personnel, dealers said.
New York’s main contract, light sweet crude for May delivery, was 25 cents higher at $61.76 a barrel, up from $61.51 in late US trades Monday.
Brent North Sea crude for May delivery was up 31 cents at $66.90.
US gasoline reserves, closely watched as the summer driving season arrives, fell five million barrels to 205.2 million in the week to March 30, against a forecast drawdown of 300,000 barrels.
US gasoline reserves, closely watched as the summer driving season arrives, fell five million barrels to 205.2 million in the week to March 30, against a forecast drawdown of 300,000 barrels.
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