Wednesday, 06 June 2007

Nymex Gasoline Futures Decline After Larger-Than-Expected Inventory Rise

(Bloomberg) -- Gasoline futures fell to the lowest
in almost a month low after a U.S. Energy Department report
showed a bigger-than-forecast rise in U.S. supplies.

Gasoline stockpiles rose 3.51 million barrels last week to
201.5 million barrels, the report showed. The median of 14
estimates in a Bloomberg News survey of analysts indicated
supplies would rise 1.6 million barrels.


Read more at Bloomberg Energy News

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