The Department of Energy said Thursday that reserves of gasoline rose by 800,000 barrels to 209.3 million in the week ending May 26. Crude oil reserves increased 1.6 million barrels to345.5 million in the week.
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Crude Oil Surged Above $72
World crude oil prices surged above $72 Friday on concerns over Nigeria
World crude oil prices surged above $72 Friday on concerns over Nigeria.
New York's main contract, light sweet crude for delivery in July, rose $1.99 to $72.33 per barrel in closing trades.
London's Brent North Sea crude for July delivery rose $1.64 to $71.03 per barrel.
The Department of Energy said Thursday that reserves of gasoline rose by 800,000 barrels to 209.3 million in the week ending May 26. Crude oil reserves increased 1.6 million barrels to345.5 million in the week.
The Department of Energy said Thursday that reserves of gasoline rose by 800,000 barrels to 209.3 million in the week ending May 26. Crude oil reserves increased 1.6 million barrels to345.5 million in the week.
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