(Bloomberg) -- Crude oil was little changed near $78
a barrel in New York after closing at a record on speculation
demand will outpace supply as refiners increase fuel production.
U.S. oil stockpiles probably fell for a fourth week last
week, according to a survey of 14 analysts by Bloomberg News
before a government report later today. Refiners probably raised
operating rates to meet gasoline demand, the survey showed.
Global oil demand will climb 1.7 percent in 2008, showing no sign
of slowing because of high prices, Deutsche Bank AG said.
Read more at Bloomberg Commodities News
a barrel in New York after closing at a record on speculation
demand will outpace supply as refiners increase fuel production.
U.S. oil stockpiles probably fell for a fourth week last
week, according to a survey of 14 analysts by Bloomberg News
before a government report later today. Refiners probably raised
operating rates to meet gasoline demand, the survey showed.
Global oil demand will climb 1.7 percent in 2008, showing no sign
of slowing because of high prices, Deutsche Bank AG said.
Read more at Bloomberg Commodities News
No comments:
Post a Comment