On Wednesday the US Energy Department reported that US commercial oil inventories increased, but gasoline stocks declined last week.
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Gasoline Inventories Fall, Oil Follows The Example
Crude oil futures eased modestly yesterday amid concerns over rising gasoline demand
Crude oil futures eased modestly yesterday amid concerns over rising gasoline demand against increase in the crude inventory.
Light sweet crude for May delivery fell 19 cents to $55.85 a barrel on the New York Mercantile Exchange.
London's May delivery Brent futures declined 17 cents to $55.27 a barrel on the International Petroleum Exchange.
On Wednesday the US Energy Department reported that US commercial oil inventories increased, but gasoline stocks declined last week.
On Wednesday the US Energy Department reported that US commercial oil inventories increased, but gasoline stocks declined last week.
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