Gasoline Demand Drops –

Crude oil declined in trading after a report from the Energy Department indicated that gasoline supplies rose almost 2 million barrels.  Crude oil inventories decreased 6.7 million barrels due to weather related shutdowns.  Distillate fuel supplies increased 1.71 million barrels last week.

To read a related Bloomberg article, please click here:

James Sutliff

This entry was posted in Economic News, Gasoline, General, Investments, Oil, Options & Futures, Trading. Bookmark the permalink.