Oil And Gasoline Supplies Rise –

Oil and Gasoline supplies rose last week and that sent prices lower in trading.  Oil prices are under pressure from rising inventories and increased output from OPEC.  Supplies of oil rose 1.9 million barrels last week to 345.1 million barrels.  Gasoline supplies rose 4.7 million barrels to 240.9 million barrels.

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Jim Sutliff

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