US heating oil inventories are already running about 7 per cent below a year ago, even as stockpiles of crude oil and petrol run at an 8 per cent surplus, according to the latest government figures.
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Crude: Keeps Near $52
Crude oil prices remained near $52 a barrel Tuesday ahead of the US government's weekly energy supply report
Crude oil prices remained near $52 a barrel Tuesday ahead of the US government's weekly energy supply report.
April delivery US crude futures slipped 7 cents to close at $51.68 per barrel on the New York Mercantile Exchange.
Meanwhile, on London's International Petroleum Exchange Brent futures for April delivery rose 5 cents to settle at $50.11 a barrel.
US heating oil inventories are already running about 7 per cent below a year ago, even as stockpiles of crude oil and petrol run at an 8 per cent surplus, according to the latest government figures.
US heating oil inventories are already running about 7 per cent below a year ago, even as stockpiles of crude oil and petrol run at an 8 per cent surplus, according to the latest government figures.
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