The Traderszone Network

Published in TZ Latest News 23 July, 2014 by The TZ Newswire Staff

Gasoline Falls, Crude Oil Rises As Supplies Vary

West Texas intermediate crude rose after a government report showed stockpiles dropped at Cushing, Okla., the contract’s delivery point. Gasoline futures fell to the lowest level in almost five months after supplies gained. Cushing supplies fell by 1.45 million barrels to 18.8 million last week, according to the Energy Information Administration. The decline left stockpiles at the lowest level since November 2008.

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