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 Oct. 5, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.

Analysts estimate that gasoline supplies shrank by 400,000 barrels, distillate stocks — which include diesel and heating fuel — were unchanged and refinery utilization was unchanged at 88.2 percent of capacity.

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


Cash Is for Losers
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus