Market Commentary and Intraday News
Ahead of the Bell: Oil supplies expected to rise
231 days ago
(AP:NEW YORK) 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.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.