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Wednesday, March 31, 2010

Rising Gasoline Stocks Hit Crude

Rising Gasoline Stocks Hit Crude
Gasoline Stocks

Gasoline Stocks

NEW YORK—Crude-oil futures gave back nearly all of the day’s gains after a government report showed already bloated gasoline inventories rising unexpectedly.

Light, sweet crude oil for May delivery traded 20 cents, or 0.2%, higher at $82.57 a barrel on the New York Mercantile Exchange, down from the intraday high of $83.76 a barrel. Brent crude on the ICE futures exchange traded 10 cents, or 0.1%, higher at $81.38 a barrel.


NEW YORK—Crude-oil futures gave back nearly all of the day’s gains after a government report showed already bloated gasoline inventories rising unexpectedly. Light, sweet crude oil for May delivery traded 20 cents, or 0.2%, higher at $82.57 a barrel on the New York Mercantile Exchange, down from the intraday high of $83.76 a barrel. Brent crude [...]


Rising Gasoline Stocks Hit Crude Rising Gasoline Stocks Hit Crude Rising Gasoline Stocks Hit Crude


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