Tag Archives: Oil Increases as Stockpiles of Gasoline In The United States Deplete Due To Increasing Demand

Oil Increases as Stockpiles of Gasoline In The United States Deplete Due To Increasing Demand

In early Asian trading, oil rose after the U.S. government data showed another big draw in gasoline stockpiles despite growing demand. After breaking two days of losses on Wednesday, New York futures climbed toward 65 dollars a barrel. In the last two weeks, gasoline inventories have fallen by more than 25 million barrels while an […]