The worry is that the swelling glut of gasoline will prompt refiners to buy less crude oil going forward, causing the global glut of crude to linger longer and put prices under pressure.

Topics:  oil   prices   gasoline   worry   glut   crude   
BING NEWS:
  • Dry days in Kansas lend support to wheat futures
    US crude oil prices settled 3% lower Wednesday after an Energy Information Administration report indicated US crude inventories rose by 2.7 million barrels to 460 million barrels last week ...
    04/18/2024 - 1:00 pm | View Link
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