AP News

Ahead of the Bell: Oil supplies expected to rise


NEW YORK (AP) — The Energy Department is expected to report on Wednesday that the nation's crude oil supplies grew by 1.5 million barrels in the week ended Sept. 28, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.

Analysts estimate that gasoline supplies were unchanged, distillate stocks — which include diesel and heating fuel — decreased by 400,000 barrels and refinery utilization was unchanged at 87.4 percent of capacity.

The Energy Information Administration releases its weekly report at 10:30 a.m. EDT.


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